Bitcoin (#BTC ) Weekly Outlook – Rejection from Historical Trendline! 🔥💯

Current Price: $84,365.55 (Weekly -0.94%)
📉 Macro Market Structure:
• BTC is showing a clear macro uptrend with a major BOS around $60K
• However, it just rejected from the same upper trendline that capped price in late 2021
• Marked FVGs are forming support, but we’re seeing lower time frame weakness
🧠 Key Observations:
• Repeated rejections from trendline highlight institutional sell zones
• A large FVG block below ($73K–$78K) might be the magnet if weakness continues
• If bulls regain control above $88K, expect a run to $100K psychological zone
📍Key Weekly Levels:
• Resistance: $88,000 – $100,000 (trendline cap & ATH breakout zone)
• Support Zone: $78,000 – $73,000 (FVG cluster)
• Major Support: $60,000 (BOS origin & demand)
⚠️ Risk Management Note:
This is a weekly chart – macro structure still favors bulls unless $73K is broken cleanly. That would shift structure into consolidation or possible deeper correction toward $60K.
📈 Long-Term Outlook:
Still bullish, but expect volatility between $73K and $88K. Any weekly close above $88K opens the gate to price discovery toward $100K+.
Pro Tip:
Zoom out. Big players are watching the same trendlines and fair value gaps you are. Use weekly FVGs for strategic swing entries – not intraday noise.
BTC at the Edge – Time for Bulls to Prove Their Power!

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