Unexpected crash toward $20,000? Bitcoin update weekly timeframe

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Unexpected crash toward $20,000? Bitcoin update weekly timeframeBitcoin / USDTMEXC:BTCUSDTMasterAnandaThe start of a bearish move: All-time high-resistance. The start of a bullish move: After a major drop, confirmed support. In early 2025 we see a 'small correction'. In late 2025 through early 2026 we see a 'big correction'. The second correction is twice as big as the first one, in size and duration. The bottom process is the same. It lasts the same amount of time. Right now only the recovery session is missing—present day. The April 2025 low ($74,500) as resistance gets challenged for the first time. The week is young. We have five days left to break this resistance. Two positive developments are possible: 1) A green close below or above said resistance. 2) A weekly close above $72,808 also produces a green session. Only one negative development is possible: the week closing red, below $72,800. Bitcoin closed two weeks green and this is the third week. The action starting full bullish is positive as there is plenty of time for resistance to break. On the drop, support was found at EMA233. The level was tested twice and it holds. Now that EMA233 has been confirmed as support, Bitcoin needs to test the next major EMA level, EMA144. This level is already being challenged, a price tag of $76,500. Back in April 2025, EMA55 worked as support just as EMA233 did recently. Everything points to higher prices and the continuation of a bullish wave. Not only Bitcoin, strong signals are coming from all across the altcoins market. For example, Ethereum already hit as high as 2-Feb. This would be equivalent to $78,000 on Bitcoin. Bitcoin's next target short-term sits at $79,000, the range being 78-80K. The low from November 2025 and also a Fibonacci level. All these resistance levels will be broken one by one. The rising wave has been confirmed by the rounded bottom, the EMA233 support and no new lows. You can bet on it! Bitcoin is going up. Namaste.