BITCOIN ANALYSIS (WEEKLY CHART)Bitcoin all time history indexINDEX:BTCUSDtanmay_agrawalThe largest crypto is showing consolidation before showing volatile moves, which is expected to be on the bullish side. Bitcoin testing a confluence of support 1. The price is resting in the golden fib zone after testing the fib level 0.618 (Fibonacci drawn from Nov 2022 lows to recent Sep 2025 highs). 2. Bitcoin bounced after testing the VWAP anchored at Nov 2022 lows 3. The Demand order block 4. A head & shoulders pattern gets completed, and prices are resting at the neckline Note: While testing pointers 1 & 2 above, a bearish breakout could be witnessed below the neckline of the head & shoulders pattern, but later bounced higher. Technical Indicator: RSI is forming a Regular Bullish Divergence with the prices Projection - The prices are expected to retrace higher given prices rise above the immediate resistance of 65500. - The expected resistance levels lie between the 85000 - 92000 zone Alternative Scenario: Only a substantial strength in the US dollar due to hawkish Fed and war scenario might weaken Bitcoin further, with crucial support again near the 58000 level