Bitcoin Weekly Price Action – Distribution Before Drop?

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Bitcoin Weekly Price Action – Distribution Before Drop?BitcoinCRYPTO:BTCUSDProfessor-Gold-SignalsBitcoin is currently trading around the 79,000 region, facing strong resistance while showing early signs of weakness on the higher timeframe. 🔍 Market Structure Insight (Weekly): Price is struggling to break above the 79,500–80,500 resistance zone, with repeated rejections suggesting supply presence. The structure is beginning to shift from bullish expansion into a potential distribution phase, with momentum slowing near highs. 📈 Bullish Scenario: If price manages to break and sustain above the 80,500 resistance level, it may trigger continuation toward higher liquidity as buyers regain control. 📉 Bearish Scenario: Due to: = Repeated rejection at key resistance levels = Sentiment cooling as momentum slows = Weakening structure near highs BTCUSD may face continued downside pressure, and a break below the 75,000 support could open the path toward the 70,000 liquidity zone ⚠️ Key Levels to Watch: Resistance: 79,500 / 80,500 Support: 75,000 💡 Trading Idea (SMC): Watch for a break of structure (BOS) below 75,000, followed by a pullback into a bearish order block or fair value gap (FVG) for continuation toward lower liquidity. SMC Key Concepts: = Buy-side liquidity taken near resistance = Distribution forming at highs = Bearish BOS below support confirms continuation = Sell-side liquidity resting near 70,000 This is a personal market view based on price action, not financial advice. #BTCUSD #Bitcoin #Crypto #TradingView #SmartMoney #TechnicalAnalysis