Bitcoin News Today: BTC and Strategy Charts Signal Deep Market Pullbacks

Weekly Structures Point Toward Sharp Declines Across Both Markets
Bitcoin News Today
Written By:
Yusuf Islam
Reviewed By:
Shovan Roy
Published on

Bitcoin and Strategy Inc. both show deep corrective structures on weekly charts as new breakdown signals create sharp downside targets. Traders review fresh risk levels as Bitcoin approaches a 29% decline zone and Strategy Inc tests a potential 64% slide from recent highs. Chart readings show clear boundaries for stop-loss placement and downside extensions as both markets move away from key resistance zones.

Bitcoin Shows Clear Breakdown Signal on the Weekly Structure

Bitcoin forms a broad topping structure after failing to hold near the $127,000 resistance zone. The chart marks a clear stop-loss level above the failed breakout region, showing where traders previously secured risk. The weekly candle pattern moves directly away from this line, creating a downward extension toward the $92,000 area.

Furthermore, the measured move projection stretches lower and shows an approximate decline of 29%. That zone sits near previous consolidation blocks highlighted on the chart. Those zones acted as support in mid-2024 and appear again as current downside targets.

Additionally, the weekly structure shows several green accumulation blocks under the current price. These blocks indicate historic demand levels where Bitcoin regained momentum in earlier cycles. Traders now examine whether the price may retest these zones again as momentum weakens.

Strategy Inc Records a Steep Breakdown Toward Key Support

Strategy Inc.’s weekly chart presents an even larger decline projection. The price rejects the $543 resistance level and turns sharply lower. The measured drop extends by roughly 65%, reaching a target near the $190–$200 region.

The $333 level acts as a midpoint structure on the chart. The price loses that level and continues downward toward the lower target. Each weekly candle follows a consistent path away from the failed breakout area, creating a strong continuation pattern.

Moreover, the decline matches the magnitude of previous corrections in the stock’s long-term chart. Earlier swings also returned to similar retracement depths before finding support and reversing. Traders now observe whether this zone may serve the same function again.

Key Technical Levels Define Current Market Risk

Both charts reflect a similar behavior pattern. Each asset hits a strong resistance zone, fails to expand higher, and then reverses with a clear downward path. Therefore, traders rely on the measured-move distances to identify likely reaction zones.

Stop-loss lines appear at the upper levels on both charts. These lines show where traders positioned risk control before the reversal. The positions of these markers help define where momentum changed during earlier attempts to continue the trend.

The charts also show consistent symmetry in the length of previous moves. That symmetry helps traders anticipate future swings. The question now is whether both markets will reach their projected zones before attempting to recover.

Also Read: Bitcoin Price Update: BTC Holds $91K, EV2 Presale Goes Live, Crypto Assets Regroup

Conclusion

Bitcoin and Strategy Inc. both display strong downside projections as weekly charts form clear breakdown structures. Each asset moves away from key resistance levels while traders monitor support zones and measured targets. Market participants may review these levels closely, as both charts outline defined risk areas and potential continuation paths.

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