Bitcoin is stuck in a cool-off phase and remains more bearish than bullish for the next few weeks, though a short-term bounce may be brewing.

• A rare oversold signal just confirmed on the Nasdaq 100, a signal that marked a strong buying opportunity for stocks the last time it appeared, which could eventually help Bitcoin if the stock market recovers in the coming weeks or months.
• Bitcoin is testing key support in the mid-$70,000s, with a short-term bullish signal forming but not yet confirmed, meaning any relief bounce would likely be small and temporary.
• A longer-term bullish signal on the weekly chart still points to a continued multi-year uptrend, but a bearish signal on the daily chart suggests more weakness in the next few weeks.
• Heavy liquidity sitting in the mid-to-high $60,000s makes that zone the next likely target if current support breaks.
• Altcoins including Ethereum, XRP, Solana, and Chainlink are showing the same weak, directionless pattern as Bitcoin, with Bitcoin's dominance over the rest of the crypto market stuck at a resistance level it has failed to break for over a year.

Outlook: Expect possible short-lived relief bounces in the coming days, but continued weakness over the next couple of weeks unless the stock market recovery picks up steam.

## Bitcoin Levels

• **Bias:** Bearish to neutral in the short term, bullish long term
• **Buy / accumulate:** Mid-$60,000s to high-$60,000s ($65,200–$67,000) if support breaks; dollar-cost-averaging zone forming near current levels
• **Sell / take profit:** $80,000–$82,000 resistance zone
• **Support:** $75,000–$76,000 (key); $74,000–$76,000 broader zone
• **Resistance:** $80,000–$82,000
• **Targets:** Downside target $65,000–$67,000 if support breaks
• **Invalidation:** A break below $74,000–$75,000 support