Bitcoin Update: Weekly Close Above Resistance â Big Shift đđ„ $BTC just printed a massive weekly close out of that long descending resistance trend line. First clean weekly close above this level. Thatâs the line Iâve been watching. đ For confirmation, the healthy move now is a retest of that same line as support â around $79,300. If price tags that zone and holds, thatâs an ideal area to look for longs going forward. On the daily, first resistance is still around $81,400. Hold above the weekly break and that becomes the next hurdle. Lose $79,300 and weâre back inside the old range. This close matters more than the daily noise. Next few weeks could get very interesting â global tensions are elevated and liquidity is jumpy. That mix has a habit of forcing bigger moves in crypto. âĄïž Retest $79,300, hold, and push? âĄïž Or fail the retest and slip back under the trend line? Whatâs your take from here? Drop your thoughts below đ #BTC #Bitcoin #Crypto
