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Analyst: Bitcoin bulls break through the 21-week resistance level for the first time, with the price approaching $80k
CryptoWorld News reports, citing Cointelegraph, that Bitcoin (BTC) achieved its first weekly close above the 21-week moving average in six months, and is currently launching an attack toward $80,000. Although it failed to reach $80,000 or sustain the latest upward move, this week’s close is still significant. The late surge pushed BTC/USD to close just above a key trend line. According to TradingView data, the 21-week exponential moving average (EMA) has been a resistance feature on the chart since October 2025. Analyst Rekt Capital noted that closing above this level is a prerequisite to avoid a retest of the $73,000 support. Currently, the 21-week EMA forms the upper boundary of Bitcoin’s bull market support band, working together with the 20-week simple moving average (SMA). Analyst Michaël van de Poppe said that a breakout above $79,000 would open the path to $100,000, but that will take time.