$BTC is still moving through the channel, and the weekly close is starting to look like a pin bar.
I mentioned earlier that this week could bring a correction, but before that, BTC may still push into the resistance zone. That level could decide the next move.
If resistance holds, a deeper pullback could follow. If bulls break through with strength, the whole setup changes fast.
Right now, I’m watching the resistance and the weekly close very closely. This is where things could get interesting.
$BTC just gave the weekly chart a strong bullish close, but there’s an interesting twist.
Price pushed into major resistance and got rejected, leaving behind a candle that could develop into a reversal pin bar. That means bulls still have strength, but they haven’t fully cleared the sellers yet.
The bigger picture remains exciting. Volatility is picking up, and strong moves are happening across the market in both directions.
Now the key is simple: can BTC hold its bullish structure and break through resistance, or does this rejection turn into a deeper pullback?
The next weekly move could set the tone for the whole market.
Price has found its way back into an uptrend and is now moving inside a rising channel. After the strong move from the lows, BTC is consolidating instead of giving back the whole rally.
That’s the part I’m watching.
If this channel holds and buyers keep defending the higher lows, the next push could take BTC toward the previous high around $82K–$83K. A clean break above that area would finally give us a fresh Higher High and could open the door for another strong leg up.
The setup looks bullish, but I’m not chasing candles here. The channel needs to hold, and BTC needs to prove that buyers are still in control.