Bitcoin Weekly Chart Analysis – Bulls Preparing for $100K?

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 Bitcoin (BTC) is showing strong signs on the weekly chart, holding above key support zones while facing resistance around $88,700. 

This could be the calm before a major breakout.

🔹 Current Market Overview:

  • Price: ~$84,800

  • Key Resistance: $88,700

  • Major Supports: $70,900 and $56,800

  • Target After Breakout: $100,000 – $112,000

 Chart Insights:

The weekly chart shows that BTC is still in a strong uptrend. Price is forming higher lows, which is a bullish sign. 

(Source Trading View)


The current range is tight, but pressure is building just below $88.7k resistance. If this level breaks with volume, BTC could rally fast toward new all-time highs.

The support zone at $70k has held well during pullbacks. 

This confirms that buyers are still in control. 

As long as BTC stays above $70k, the structure remains bullish.

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