Bitcoin Weekly Analysis
On the weekly chart, the 20W MA has dropped below the 50W MA. This same crossover occurred in 2022, right before Bitcoin entered a deeper correction phase.
After that signal in the last cycle, BTC printed 9 straight red weekly candles.
In this cycle so far, Bitcoin has never printed more than 4 in a row, making this moment critical.
If this week also closes red, it would confirm continued structural weakness. Price has already lost the $75K weekly support, opening the door to the $60K zone near long-term support.
From here the structure remains clear:
• Reclaim $75K means early strength returns
• Break $80K for move towards $100k
• Stay below key weekly MAs means downside risk remains
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