🔷️ #Bitcoin is currently trading below both the 2021 ATH and 2024 ATH zones, which have now turned into a critical resistance cluster. The rejection from this region confirms that sellers are still defending higher levels, while buyers continue to fight for control near the blue support area. 📉⚔️

What stands out on this chart is the importance of the historical breakout zone. Throughout previous cycles, Bitcoin has often revisited major breakout levels before establishing a new trend. The green support area below remains one of the most important regions for the broader market structure. 👀
In my view, the key development to watch is whether $BTC can reclaim the purple resistance zone and close back above the historical ATH levels. A successful recovery would significantly improve market sentiment, while continued weakness could keep pressure on both Bitcoin and the altcoin market. 🔍
For now, this remains a decisive area on the weekly timeframe. Volatility is elevated, and the next major move will likely be determined by whether buyers can regain control of the ATH zones or if sellers force another leg lower toward support. 📊
⚠️ Not financial advice.
#Bitcoin #BTC #Ethereum #Altcoins #Crypto