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$BTC Weekly Outlook
Bitcoin is printing a strong weekly breakdown, now trading around $68.4K after losing the key $73K support. The drop came fast, confirming a shift from distribution into deeper correction mode.
Important levels on the chart:
Major resistance: $83.8K (0.382 Fib)
Key support zone: $57.8K – $54.2K (0.618–0.65 Fib)
As long as BTC stays below $73K, upside looks limited. The market may seek liquidity and demand in the lower Fib zone before any meaningful reversal. Volatility ahead — patience and risk management are critical here.