Bitcoin Technical Update (Weekly Focus) All eyes are on a critical support cluster, aligning closely with the 200-week moving average — one of Bitcoin’s most important long-term indicators. This zone is formed by the confluence of multiple logarithmic trendlines, making it a high-probability decision area for the market. If this support holds, it can act as a macro base, setting the stage for a recovery. If it fails, it would signal structural weakness and open the door for deeper downside. This level will likely define Bitcoin’s next major directional move
Weekly Close Update Bitcoin continues to respect the 200-week MA and remains above the 2021 cycle high, a key structural level. If we see stabilization and a shift in market behavior before the weekly close, the bullish case remains valid. As long as this support is defended, a technical rebound is the higher-probability scenario.
Expected Move 📈 Potential bounce toward: $82,000 – $85000 This zone will be crucial in determining whether Bitcoin: Regains strength and resumes trend continuation, or Remains in a broader corrective phase. ⏳ Weekly close is critical — stay focused. $BTC
Bitcoin Under Pressure — Strong Hands Are Watching🧐
When the river gets loud, it’s because rocks are moving — and right now those rocks have dragged Bitcoin below $70,000 📉. This move isn’t random. It’s the result of a market that lost discipline, chased noise, and forgot its fundamentals.
Ross Gerber, a veteran voice from Wall Street and Tesla circles, didn’t sugarcoat it: the ecosystem is contaminated. The flood of scam tokens and zero-value meme coins — launched daily using politician names, animals, and pure hype — has drained capital away from real assets like Bitcoin. 💸 That money doesn’t build; it disappears in rug pulls, and each collapse damages trust across the entire market. This wasn’t just a technical correction. It was structural. Add to that the fact that the market is out of fuel. The ETF hype and institutional inflows of 2024 have cooled. Capital is flowing out, not in. 🛑 Leveraged traders are getting wiped, triggering liquidation cascades that push prices lower and faster. Now comes the moment that separates newcomers from veterans. Some analysts warn of deeper pain — even a potential drop toward $42,000, a brutal 40% drawdown. But Gerber sees something different: a cleanup phase. 🧹 Weak projects, bad actors, and excess leverage get flushed out. What remains is value. History shows it clearly: when speculation dies and fear peaks, long-term opportunities are born. Those who survive the noise and accumulate quality assets during chaos are often the ones rewarded when confidence returns. So here’s the real question:
Is this the final shakeout before recovery — or the start of a deeper winter? 🤔 $BTC