$BTC
BTC/USDT on the weekly timeframe shows a clear macro correction after a strong bullish expansion from the ~$25K region to the recent ~$126K peak. Price is now trading near $66K, below mid-range support, confirming weakening momentum and a shift toward a bearish structure with lower highs and increasing sell pressure. Key technical support lies around $60K–$62K, while resistance appears near $85K–$90K. A weekly close below support could extend correction toward the $50K liquidity zone.
Fundamentally, Bitcoin remains supported by institutional ETF inflows, limited supply dynamics, and long-term adoption, but short-term sentiment is pressured by profit-taking, macroeconomic uncertainty, and liquidity tightening. Overall, the trend is long-term bullish but mid-term corrective, suggesting consolidation before the next major directional move.DYOR.#BTC #bitcoin