Why has Bitcoin's advance halted? - It's because of this!

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Why has Bitcoin's advance halted? - It's because of this!Bitcoin / TetherUSBINANCE:BTCUSDTDukesMarketAnalysisMajor weekly resistance Price pushing into ~$78.4k, a level that previously acted as strong support → now flipped to resistance Strong reaction into level Sharp bullish candles into resistance → momentum building, but running straight into supply Higher timeframe context This zone has multiple prior reactions → not just a random level, it’s structurally important Support beneath price 200-week EMA held the lows around ~$60k → strong base supporting the move up Momentum recovery RSI climbing back toward 50 → shift from bearish to neutral conditions What matters now Clean break and hold above $78.4k = opens path higher with further resistance above Rejection here = likely rotation back down into the range In Summary Bitcoin has rallied back into a key weekly resistance zone around $78.4k, an area that previously acted as strong support. The move into this level has been sharp, supported by strong bullish candles and a recovery from the 200-week EMA near $60k. Momentum is improving, with RSI rising toward neutral. However, this remains a critical test, where a breakout could signal continuation higher, while rejection may lead to another move lower.