
Bitcoin's 20-week moving average is becoming an important level for the current recovery. Despite pulling back from the $84,000 region, BTC remains above this trend measure, currently sitting around $73,756. Holding above it would help preserve the improving weekly structure, while a sustained move below could signal that the recovery is losing momentum. The upper Bollinger Band is near $91,219, providing a broader upside reference if buying pressure returns. For now, we believe the 20-week average deserves close attention. How Bitcoin reacts around this level could help determine whether the recent recovery has further room to develop.
