Market Analysis: Bitcoin’s Weekend Struggle
Bitcoin (BTC) closed last week on a positive note but continues to face significant resistance as we enter a new trading week. The flagship cryptocurrency has shown persistent sideways movement throughout weekend trading sessions in 2025, suggesting a potential consolidation phase before its next major move.
Market analytics firm MoreCryptoOnline has identified crucial price levels that could determine Bitcoin’s short-term trajectory, with particular emphasis on the $86,700 resistance level. This analysis comes as Bitcoin bulls continue to face a critical test at the $84,000 level.
Key Price Levels to Watch
Current market indicators highlight several critical support and resistance levels:
- Current Price: $84,050
- Key Resistance: $86,700
- Primary Support: $77,859
- Secondary Support: $71,011
Technical analysts suggest that a failure to breach the $86,700 resistance could trigger a cascade of selling pressure, potentially pushing BTC toward the $77,859 support level. In a worst-case scenario, further deterioration could see prices test the $71,011 mark.
Market Performance Overview
Bitcoin’s current market metrics paint a picture of cautious trading:
- 24-hour change: Minimal movement
- 7-day performance: -2%
- Market capitalization: $1.67 trillion
- Market dominance: Maintains position as largest cryptocurrency
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Expert Outlook
Market analysts remain divided on Bitcoin’s short-term prospects. While some point to the sustained high market cap as a sign of underlying strength, others warn that the repeated failure to break key resistance levels could signal exhaustion in the current rally.
Traders are advised to monitor volume indicators and whale wallet movements for early signs of potential trend changes. The coming weeks could prove crucial in determining whether Bitcoin can maintain its position above the psychological $80,000 level.