Bitcoin regains momentum above long-term support… Is a new upward wave taking shape? 🚀 The weekly BTC/USDT chart shows a clear improvement in Bitcoin’s price action, after the price successfully bounced from a historic support zone spanning approximately between $58,500 and $69,366. This region has played a critical role in previous price movements, so its defense once again lends significant technical weight to the current rebound. The price has moved up to around $79,600 and broke through the gray zone near $75,000–$77,000—a key technical turning point. Sustained weekly closes above this level could indicate that the market is gradually transitioning from a support-defense phase to building a new bullish trend. 📈 🔸 Key levels I’m currently monitoring: 👈 Holding above $75,000 supports the continuation of positive momentum. 👈 The $69,366 level remains the primary defense line for the bullish scenario. 👈 The $90,500–$99,112 range represents the first major test for buyers. 👈 A breakout above $99,112 could open the path toward retesting the previous high near $126,185. The extended target at $162,400 remains a long-term scenario—but it won’t become technically viable until the previous high is reclaimed and held firmly. Notably, Bitcoin hasn’t just bounced off support—it has also begun forming higher lows, an early sign that buyers are returning. However, the rally won’t be a straight line; the $90K–$99K zone may see profit-taking and strong attempts to halt the upward momentum. In short, the weekly chart has become more bullish—but true confirmation doesn’t come from a single candlestick; it comes from Bitcoin’s ability to stabilize reclaimed levels and turn them into new support. 🔥 What do you think… Is Bitcoin preparing to test $100,000, or will the next resistance push it back into support? 🤔 $BTC
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