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Bitcoin failed once again to push through the $80,000 resistance level overnight, with price settling around $78,000 as bears maintained control of the weekly trend structure. Analysts now point to $73,000–$74,000 as the next meaningful support zone.The weekly chart remains bearish, forming a series of lower highs since the February peak of $97,200. The 20-week moving average at $82,400 has flipped from support to resistance — historically associated with multi-month consolidation.”We need a decisive daily close above $80K to change the narrative,” said technical analyst William Suberg. On-chain data shows Long-Term Holders have not been selling into this weakness —…

Bitcoin climbed above $85,000 for the first time in three weeks on Friday, propelled by renewed institutional buying, improving macro sentiment following a partial rollback of US tariffs, and a strengthening narrative around Bitcoin as a global store of value.The move came after news broke that the Trump administration had agreed to a 90-day suspension of tariffs on semiconductor imports — sparking a broad risk-on rally across equities and crypto. The total digital asset market capitalization jumped $180 billion in a single day.”Bitcoin is benefiting from its dual narrative — both as a risk asset and as a safe-haven alternative…