๐จ BTC AT A CRITICAL WEEKLY RESISTANCE โ BREAKOUT OR PULLBACK?
Bitcoin is trading around $81,650, with the weekly chart showing a bullish engulfing candle pushing directly into the ~$81,900 horizontal resistance from July.
๐ KEY LEVEL TO WATCH:
$81,900
๐ข If BTC holds above this level:
The weekly structure would remain strong, keeping higher price levels in focus.
๐ด If BTC loses this level:
The chart setup could shift toward a deeper pullback, with $75,000โ$67,000 highlighted as potential downside areas.
โ ๏ธ The key is not simply touching resistance โ watch for a confirmed breakout or rejection before drawing conclusions.
๐ฅ BTC is at a decision zone. Which side breaks first?
Follow me for more BTC analysis, market updates & crypto setups.
#BTC
Bitcoin is trading around $81,650, with the weekly chart showing a bullish engulfing candle pushing directly into the ~$81,900 horizontal resistance from July.
๐ KEY LEVEL TO WATCH:
$81,900
๐ข If BTC holds above this level:
The weekly structure would remain strong, keeping higher price levels in focus.
๐ด If BTC loses this level:
The chart setup could shift toward a deeper pullback, with $75,000โ$67,000 highlighted as potential downside areas.
โ ๏ธ The key is not simply touching resistance โ watch for a confirmed breakout or rejection before drawing conclusions.
๐ฅ BTC is at a decision zone. Which side breaks first?
Follow me for more BTC analysis, market updates & crypto setups.
#BTC