$BTC WEEKLY BREAKDOWN 📊 | PART 4
Continuing the BTC top-down price action series.
In the Monthly breakdown, we identified the $76K-$78K area as the key resistance zone to watch. Now that we're moving down to the Weekly timeframe, something interesting is happening: BTC is once again pushing into that same region.
This is exactly why I prefer looking at multiple timeframes before thinking about entries. The Monthly gives us the bigger picture, while the Weekly helps us see how price is actually reacting around those higher-timeframe levels.
On the Weekly chart, #BTC has shown a strong recovery from the $72K-$73K area and the current candle has already broken through several previous weekly Open/Close levels. That's a clear improvement in short-term structure.
But the move isn't completely confirmed yet.
BTC is now approaching the $76K-$78K resistance cluster we highlighted from the Monthly analysis. A clean reclaim and weekly close above this area could open the door toward the higher levels around $79.5K-$80.4K.
On the other hand, rejection here would tell us that the higher-timeframe resistance is still doing its job, and BTC could pull back toward the lower weekly levels before attempting another move.
So far, the picture is becoming clearer:
> Yearly: Bearish
> Quarterly: Bearish, but recovering
> Monthly: Trying to stabilize
> Weekly: Strong bullish recovery
And this is the whole point of the series.
We're not just looking at one timeframe and immediately calling a direction. We're moving from the bigger picture down to the Weekly, then Daily, and eventually the lower timeframes where we'll look for potential entries.
Big picture first. Entries later.
Previous Monthly analysis is on my page if you want to see where the $76K-$78K zone was first identified.
#BTC Price Analysis# #Macro Insights#
Continuing the BTC top-down price action series.
In the Monthly breakdown, we identified the $76K-$78K area as the key resistance zone to watch. Now that we're moving down to the Weekly timeframe, something interesting is happening: BTC is once again pushing into that same region.
This is exactly why I prefer looking at multiple timeframes before thinking about entries. The Monthly gives us the bigger picture, while the Weekly helps us see how price is actually reacting around those higher-timeframe levels.
On the Weekly chart, #BTC has shown a strong recovery from the $72K-$73K area and the current candle has already broken through several previous weekly Open/Close levels. That's a clear improvement in short-term structure.
But the move isn't completely confirmed yet.
BTC is now approaching the $76K-$78K resistance cluster we highlighted from the Monthly analysis. A clean reclaim and weekly close above this area could open the door toward the higher levels around $79.5K-$80.4K.
On the other hand, rejection here would tell us that the higher-timeframe resistance is still doing its job, and BTC could pull back toward the lower weekly levels before attempting another move.
So far, the picture is becoming clearer:
> Yearly: Bearish
> Quarterly: Bearish, but recovering
> Monthly: Trying to stabilize
> Weekly: Strong bullish recovery
And this is the whole point of the series.
We're not just looking at one timeframe and immediately calling a direction. We're moving from the bigger picture down to the Weekly, then Daily, and eventually the lower timeframes where we'll look for potential entries.
Big picture first. Entries later.
Previous Monthly analysis is on my page if you want to see where the $76K-$78K zone was first identified.
#BTC Price Analysis# #Macro Insights#