Bitcoin: Bulls Face a Bigger Test But Respect Must Be PaidBitcoin / TetherUSBINANCE:BTCUSDTDukesMarketAnalysisHigher highs respected Bitcoin has now printed another medium-term higher high, reinforcing the current uptrend. As long as price continues producing higher highs and higher lows, the bulls deserve the benefit of the doubt. Major resistance ahead Price is now approaching a significant confluence of resistance between $66,000 and the 0.382 Fibonacci retracement at $66,322, with the previous swing high at $67,292 sitting just above. This area is likely to attract increased selling pressure. Momentum slowly improving RSI continues to recover from recent lows but remains below the 50 level, highlighting that longer-term momentum is still bearish. Meanwhile, StochRSI is climbing from oversold territory, supporting the recent recovery. Limited resistance beyond Should bulls successfully clear the $66,000-$67,292 resistance zone, there is relatively little resistance until the 0.618 Fibonacci retracement at $72,204, opening the door to a stronger recovery. Bigger picture matters While the daily and 4-hour charts remain constructive, the weekly chart is now testing one of its most important resistance areas. How price reacts here could have a much greater impact than the shorter-term trend. In Summary Bitcoin has earned the benefit of the doubt after printing another medium-term higher high, but the recovery is now approaching a critical test. The confluence of resistance between $66,000 and $67,292 has repeatedly influenced price in the past, making this a key area to watch. A successful breakout would strengthen the bullish outlook and expose $72,204, while another rejection could reinforce the importance of the broader weekly downtrend.