Technically speaking, it’s not unusual for $BTC to lose weekly swing pivots on its way to new all-time highs. We’ve seen it during previous bull markets. These are what we call “embedded corrections,” meaning corrections within an expansion rather than the end of the expansion itself. What would be more significant here is losing the 50-week moving average after reclaiming it, alongside the weekly swing support around $75K. Across 16 years of Bitcoin’s history, we’ve never seen multiple closes below the 50WMA during bull-market expansions, excluding the COVID crash. If both are lost as support, we’d likely see a deeper reversion towards $67K-$70K to hunt additional buy-side liquidity in an attempt to form a higher low. But until then, we’re simply testing the strongest area of support on this chart. Losing a weekly swing pivot alone doesn’t mean the expansion phase is over, and Bitcoin has worked through these corrections before eventually making new highs.