$BTC Weekly Update #BTC is testing a major weekly resistance around $86.8K. This level is important because it previously acted as a strong support/resistance area, and BTC is now back at the same zone after a strong recovery from the ~$54.9K–$57K area. The current weekly candle is still below $86.8K, so I’d like to see a clean weekly close above this level before considering it a confirmed breakout. If BTC breaks and holds above $86.8K, the next major resistance on this chart is around $104.5K, followed by the previous ATH zone around $123.5K. On the other hand, another rejection from $86.8K could bring the $73.8K area back into focus. For now, $86.8K is the key level on the weekly timeframe. The next weekly close could be very important for BTC. #BTC Price Analysis# #Altcoin Season# $USDT
