$BTC repeating history? The weekly structure is starting to look very familiar.🚨

In both previous cycles, price lost the fast weekly moving averages after topping, then revisited the previous cycle top level.

2017 top → 2021 retest.

2021 top (~69k) → and now we’re back testing that same zone.

Price is currently sitting right around the 2021 top near 69k, after losing short-term weekly MAs and breaking momentum. That yellow circle zone is critical.

If 69k holds on weekly close → this becomes a classic higher-high retest before next leg up.

If 69k breaks cleanly → next weekly support sits near the 55k–58k region (major MA + structure confluence).

This isn’t panic territory yet. It’s a decision point.

Weekly reclaim above 75k–78k shifts momentum bullish again.

Lose 69k with follow-through and the correction deepens.

Big level. Big reaction coming.

#BTC #Bitcoin #BTCMiningDifficultyDrop #BitcoinGoogleSearchesSurge