Bitcoin is trading around $85,644 on the weekly chart, and the current structure is approaching a major resistance/supply zone positioned roughly between $89,000 and $94,000. The recent recovery from the lower $60,000 region has been strong, with BTC reclaiming the $76,000–$80,000 area and pushing toward $86,000. However, the chart shows price moving directly into an area where sellers could become aggressive again. The projected setup suggests BTC may push higher into the $88,000–$90,000 region before experiencing a rejection from the marked supply zone. If that rejection develops, the chart projects a significant retracement toward the $60,000 area, which remains the major downside target marked on the weekly structure. This would represent a substantial correction from the current level. The key level to watch is the $89,000–$94,000 resistance zone. A decisive weekly breakout and sustained acceptance above this region would weaken the bearish projection and potentially open the door toward higher prices. Until that happens, Bitcoin remains vulnerable to a major rejection and deeper correction. #BTC Price Analysis# #Macro Insights# $BTC