Bitcoin Price Analysis: BTC Faces a Make-or-Break Week – What’s the Most Likely Scenario?
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.
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