Bitcoin is one weekly close away from confirming a breakout pattern three years in the making, which would be good news for buyers betting on a strong third quarter.

• Bitcoin already broke above the $82,000 neckline on the weekly chart and turned that old ceiling into new support.
• The last missing piece is a weekly close above the earlier rejection point at $87,200, and price is right at that line.
• A clean break with strong volume would open the door to a run into the low six figures.
• Open long positions in Bitcoin, Ethereum and Monero are deep in profit, with only XRP underwater.
• Altcoins are expected to follow whatever Bitcoin does, so the whole crypto market hinges on that one candle.

Outlook: If Bitcoin closes a weekly candle above $87,200, the next leg targets roughly $102,000–$113,000.

## Bitcoin Levels

• **Bias:** Bullish, pending one confirmation.
• **Support:** $82,000 (former resistance neckline, now confirmed support).
• **Resistance:** $87,200 — the previous rejection point and the level that must break.
• **Targets:** $102,000–$113,000 once the weekly close above $87,200 is in.
• **Invalidation:** Failure to close a weekly candle above $87,200, or a loss of the $82,000 neckline support.