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$84K acted as weekly support based on this moving average indicator.
After a downward leg, the price has returned to the breakdown zone—often referred to as a post-breakdown pullback, a common recovery attempt.
BTC did not establish a new high, as previously noted, and is now approaching a critical test within the $78K–$82K range, which represents a strong resistance zone.
This level also coincides with a weekly CME price gap.
BTC is now at a key inflection point.
A failure to break above this zone may lead to a downside move, while a successful breakout may indicate a potential recovery.
So far so good. 👍
#Bitcoin #BTC $BTC #Crypto