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  • Bitcoin nears a key resistance zone between $104K–$109K, where past rejections have triggered sharp pullbacks toward strong support.
  • The weekly chart shows a breakout above a long-term trendline, backed by a bullish MACD crossover and consistent moving average support.
  • Price action stays bullish with rising volume, no reversal signs, and support between $74K–$90K repeatedly holding firm since early 2024.

Bitcoin continues testing its upper resistance zone on the weekly chart, sustaining a bullish structure amid strong technical signals. Current market dynamics highlight growing momentum and key price levels that may determine Bitcoin’s next major move.

Resistance Holds as Bitcoin Trades Within Defined Range

Bitcoin’s price activity has remained structured between major support and resistance since early 2024. These zones mark repeated reactions and serve as reference points for upcoming breakouts or corrections.

The latest weekly chart shows a firm upward trend approaching critical resistance. Bitcoin trades at $104,317.08, climbing by 0.49% for the week. The chart reflects BTC/USD performance from 2022 to 2025 on Binance, as viewed via TradingView.

Source: Crypto Patel

The key resistance is between $104,181.00 and $109,312.00, the region that has continued to stop upside action despite huge buying pressure. The lower boundary at $74,289.00 to $90,000.00 is the key support region. Bitcoin recently bounced from this level, further evolving its bullish pattern. The latest candle closed near its high with limited upper wick formation, showing strong buying activity and stable weekly volume, signaling continued interest during this consolidation phase.

Weekly Breakout Forms as Technical Structure Strengthens

Insights into Bitcoin’s current trend and its technical indicators highlight the relevance of dynamic support and momentum alignment over the longer term. The weekly BTC/USD chart displays repeated rebounds from the 50-week exponential moving average. Each bounce followed a higher low, reinforcing the bullish structure. Price respected this dynamic support at multiple points, including $40,000, $50,000, and $82,000.

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Bitcoin recently broke above a descending trendline near $103,000. The breakout occurred after several failed attempts and now opens a path to higher targets. The MACD indicator has also flipped bullish with a crossover, supporting the breakout confirmation.

Source: Merlijn The Trader

Additionally, MACD histogram bars have shifted from negative to positive, showing building upside momentum. Previous MACD signals align with breakout rallies between 2024 and 2025. Current structural alignment suggests a possible continuation toward higher levels without bearish divergence.

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