Bitcoin has recently exhibited a bearish structure on the weekly chart. While there could be a reversal in the coming week, it is uncertain if the bullish momentum will be strong enough to push prices above $69,000.
Despite the current bearish trend, optimism remains about a potential price rebound. Investors are closely monitoring the market for signs of a shift in momentum.
The weekly chart patterns are crucial for understanding Bitcoin's future price movements, making the upcoming week critical for traders.
![Bitcoin [BTC] Faces Bearish Weekly Structure Amid Potential Rebound to $69K](https://loutre.blockchair.io/w4/storage/news/ctag.png){kind=small}
