Bitcoin: Weekly Retest Keeps Bullish Structure Intact

Bitcoin posted a black weekly candle that completed a retest into the flipped support zone, where the wick absorbed resting orders before price closed back above the level.

Buyers defended the zone and preserved the inverted head and shoulders pattern, keeping the broader uptrend intact according to @TATrader_Alan. On the 4h chart BTC trades at $83984.89 inside the Bollinger Bands with the upper band at $84105.11 acting as immediate resistance; the EMA50 at $83601.16 and EMA200 at $82277.29 serve as layered supports while the MACD golden cross at 32.49 and neutral RSI at 58.15 confirm trend strength without overbought conditions, suggesting continuation toward the upper band before any deeper pullback to the 50-EMA.