$BTC just got rejected at the weekly 50MA around $81k — this is the line in the sand right now.
Until we break and close above it, we're still in consolidation mode. A clean weekly close above $81k would flip the narrative and signal the next leg up.
Right now? Price is testing resistance, not breaking through it. Watch how it reacts over the next few days — a rejection here could mean more sideways chop or a retest of lower support levels.
Until we break and close above it, we're still in consolidation mode. A clean weekly close above $81k would flip the narrative and signal the next leg up.
Right now? Price is testing resistance, not breaking through it. Watch how it reacts over the next few days — a rejection here could mean more sideways chop or a retest of lower support levels.
