CyrilXBT|Feb 08, 2026 04:59
BTC/USD (Weekly)
Bitcoin just flushed into the 2024 breakout support zone around the high $60Ks. That region was major resistance last year, so I’m watching how it reacts here.
Personally, I think this is a key decision area:
Hold this zone → likely just a deep correction inside a broader bull structure.
Lose it cleanly → next real demand sits closer to the mid–low $50Ks.
The weekly structure still looks like a macro higher high followed by a sharp pullback.
It feels like fear is peaking here, which usually happens near tradable bounces but I want to see reclaim strength before getting aggressive.(Cyril-DeFi)
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink