Bitcoin Weekly - Gann Structure & Critical Juncture

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Bitcoin Weekly - Gann Structure & Critical JunctureBitcoin / TetherUSBINANCE:BTCUSDTdzonis128 Bitcoin is currently trading at $67,132 after printing a strong -8.88% weekly candle. Key Observations: The chart shows a very clean impulsive wave structure (labeled 1-7) since the 2022 bear market low. Price has respected multiple Gann angles and is now reacting strongly at a major Gann resistance line. We are seeing a clear loss of momentum on the TesseractPro Oscillator, which has turned sharply lower. The long-term orange uptrend line remains intact for now. Important Levels: Immediate Support: $62,000 - $64,000 zone Major Downside Target (if broken): $51,247 (marked on chart) Invalidation: Break and close above the recent high near $74,000 would resume the bullish structure.