On the weekly timeframe, price is currently reacting around the $68,000–$70,000 region, which aligns with the 200-week moving average. This level acts as long-term dynamic support. A strong weekly close above this zone increases the probability of stabilization. However, a sustained breakdown below $65,000 may lead to a deeper correction. On the 3-day chart, the descending trendline remains valid. Immediate resistance is located near $75,000–$78,000. A confirmed breakout above this area with strong volume may signal structural recovery. Until that happens, the corrective structure remains act

Small relief bounce coming soon... 👍⚠️ 7🔥4👍1

Bullrun End 🥹⚠️🔴 This chart shows the full market cycle the way I’ve seen it repeat over multiple cycles. I’ve marked how Bitcoin moved from accumulation into expansion, topped out near ATH, and then entered a clear distribution phase. From my experience, ATH is usually not the start of upside but the end of the cycle, where structure weakens and smart money exits. After the structure break, the market shifted into a corrective-to-bear phase. The current sideways price action around 70k is something I’ve seen many times after distribution it creates false hope while time does the real damag