Bitcoin is stuck under a key resistance zone after a brief spike that wiped out short sellers, and the coming week's stock market open will likely decide whether it breaks out — a mixed picture: bullish long term, but a slowdown is likely within a couple of weeks.

• Bitcoin bounced cleanly off support and is now testing the top of a resistance zone it has been rejected from many times over the past month.
• A small spike above resistance liquidated overleveraged shorts, but that was a short-term liquidity grab, not a real breakout.
• If stocks hold up when markets reopen, Bitcoin will likely attempt a breakout, but with heavy resistance overhead it probably won't run much higher before stalling again.
• Ethereum and Solana are forming bearish divergences on daily charts that are very likely to confirm within a week or two, pointing to a multi-week pullback or sideways chop across crypto.
• The bigger picture is still bullish: the weekly trend indicator flipped green for the first time since the bear market began, and a large weekly bullish divergence resembles the setup at the end of the 2022 bear market.

Outlook: Expect more chop below resistance for a day or two, a possible breakout attempt next week if stocks stay steady, then a broader crypto slowdown lasting several weeks starting in one to two weeks — without ending the larger uptrend.

## Bitcoin Levels

• **Bias:** Bullish long term; neutral-to-cautious short term with a slowdown expected in 1–2 weeks
• **Support:** $75,000 (recent bounce point)
• **Resistance:** $80,000–$82,000 zone, most heavily $81,000–$82,000; then $86,000–$88,000
• **Targets:** Breakout above $82,000 into the mid-to-high $80Ks, likely stalling around $86,000–$88,000