Looking at BTC on the weekly chart, price is trading right around previous equal highs. The key observation here is auction dynamics—last week we saw rejection at auction acceptance levels, which typically signals consolidation before a directional move. Given this price action pattern, a rebound scenario becomes increasingly probable in the near term.



The setup suggests bulls may have room to run if support holds. Keep an eye on how price responds to these weekly resistance levels.
BTC1.49%
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