The post Bitcoin Price Analysis: BTC Faces a Make-or-Break Week appeared on BitcoinEthereumNews.com.
Bitcoin is consolidating around $77.3K after a powerful breakout from the $67K area. While the broader structure has improved significantly, BTC is now facing an important resistance cluster near $80K-$82K. Meanwhile, the latest Coinbase Premium reading suggests that US spot demand has yet to fully confirm the recent advance. Bitcoin Price Analysis: The Daily Chart The daily chart shows a significant structural recovery. After falling to the $60K demand zone in June, Bitcoin spent several months building a broad base before breaking decisively above the $67K resistance area in late August. The subsequent rally carried BTC rapidly through the $72K-$74K zone and toward the $80K area. The $72K-$74K region has now become the first major support zone. A successful retest of this area would preserve the bullish structure established by the recent breakout. Below it, the $67K zone is a more important structural support, as it previously capped the market for several months. A deeper correction could bring the $60K demand zone back into focus. On the upside, BTC is approaching the $80K-$82K resistance zone. The price has already tested this area several times but has failed to establish a sustained breakout above it. A daily close above $82K would therefore be significant, as it could open the way toward the $90K mark or even higher. BTC/USDT 4-Hour Chart The 4-hour chart provides a clearer view of the latest move. Bitcoin spent much of the summer trading sideways between roughly $60K and $67K before staging a sharp breakout. The move through the $67K resistance zone accelerated dramatically, taking BTC through $74K. After reaching the $80K-$82K area, however, the rally has lost momentum. BTC is currently trading around $76.8K and has formed a relatively broad consolidation below resistance. This can be interpreted as a potential continuation range following the breakout, provided…
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