💎 $BTC Analysis [1W] 🔴
#BTC is currently navigating a sharp corrective phase on the weekly timeframe following a rejection at the 126k peak. The price is currently testing critical demand near the 71k-72k region, which served as a major historical pivot. As long as price holds above the 68.6k support, a relief rally back toward 85k is the primary thesis. A clean break below 68k would invalidate this setup and signal further downside toward the 52k liquidity pool.
🔑 Key Levels:
🧱 Resistance: 126000, 100000
🍏 Support: 71167, 70219
#Crypto #Trading $BTC
Not financial advice. DYOR.