📆 BTCUSD.P – Weekly Technical Outlook (1W Timeframe)
🗓 April 7, 2025
🔻 Confirmed Breakdown on the Weekly Chart
Last week’s candle closed below the critical 82,117 – 85,084 USDT zone, signaling a potential medium-term trend reversal. The market currently trades around 75,000 USDT, with a weekly drop of more than 10%.
This break came with a spike in volume, increasing the probability of further downside unless a rapid recovery emerges.
📉 Key Weekly Support Levels:
🟦 74,000 – 75,000 USDT – current reaction zone
🔵 68,000 USDT – structure support with past demand
🔵 58,800 USDT – long-term ascending trendline since early 2023
📈 Upside Resistance Levels:
🔺 82,100 USDT
🔺 85,000 USDT
🔺 90,000 USDT – major weekly level; potential future retest zone.
🔍 Technical Notes:
Structure has shifted from bullish to corrective.
Weekly volume is rising → bearish momentum confirmed.
Price has detached from moving averages – early oversold signals may develop.
If 74,000 fails to hold, next structural target could be the long-term trendline near 58,800 USDT.
📌 What to Watch This Week:
Will buyers defend the 74,000 zone?
Any bounce likely to be short-lived unless followed by volume + structure confirmation.
Bearish pressure remains unless BTC reclaims the 82,000–85,000 zone convincingly.
⚠️ This analysis is for informational purposes only and does not constitute financial advice.
🗓 April 7, 2025
🔻 Confirmed Breakdown on the Weekly Chart
Last week’s candle closed below the critical 82,117 – 85,084 USDT zone, signaling a potential medium-term trend reversal. The market currently trades around 75,000 USDT, with a weekly drop of more than 10%.
This break came with a spike in volume, increasing the probability of further downside unless a rapid recovery emerges.
📉 Key Weekly Support Levels:
🟦 74,000 – 75,000 USDT – current reaction zone
🔵 68,000 USDT – structure support with past demand
🔵 58,800 USDT – long-term ascending trendline since early 2023
📈 Upside Resistance Levels:
🔺 82,100 USDT
🔺 85,000 USDT
🔺 90,000 USDT – major weekly level; potential future retest zone.
🔍 Technical Notes:
Structure has shifted from bullish to corrective.
Weekly volume is rising → bearish momentum confirmed.
Price has detached from moving averages – early oversold signals may develop.
If 74,000 fails to hold, next structural target could be the long-term trendline near 58,800 USDT.
📌 What to Watch This Week:
Will buyers defend the 74,000 zone?
Any bounce likely to be short-lived unless followed by volume + structure confirmation.
Bearish pressure remains unless BTC reclaims the 82,000–85,000 zone convincingly.
⚠️ This analysis is for informational purposes only and does not constitute financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.