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Bitcoin is at a critical decision point.
$BTC was rejected from the weekly 50 WMA near $81K, making this level the key resistance to watch.
For bulls to regain control, Bitcoin needs to reclaim $81K and close a weekly candle above it.
Break and hold above it, and bullish momentum could return.
Another rejection could mean more sideways action before the next major move.
The next weekly close could be extremely important for the cycle.