BTC WEEKLY CHART:
The chart remains neutral-to-bearish while price is below the $68k-$69k resistance zone. The falling wedge gives bulls a legitimate reversal setup, but it has yet to be confirmed. A move above $69k would be an encouraging first step, while a weekly close above $74k would provide much stronger confirmation that the larger downtrend is losing control. Until then, I'd keep an eye on both sides. There is strong price and EMA resistance close ahead, and a rejection here could send price back toward the $60k-$57.7k support area. Patience is warranted.
Forwarded fromDollarBills
2August 6, 2026 375 4
