$BTC Bitcoin on the weekly timeframe is currently in a corrective phase after printing a major high around 126K. Price has broken down from the rising structure, showing weak momentum in the short term.
The highlighted zone around 68K is a strong weekly demand / support level where price previously accumulated before the last major rally. A move into this area would likely be liquidity sweep + smart money re-entry, not market failure.
If Bitcoin holds and reacts strongly from this support, the structure favors a trend continuation, opening the path for a new impulsive move toward 150K.
In simple terms:
➡️ Short-term pain
➡️ Key support test
➡️ Long-term bullish continuation
What if this pullback is just preparation… what if the next leg is the real breakout? 🚀📊