Feb. 26 at 2:02 PM
$BTC.X
$IBIT $ARKB Bitcoin/Weekly Chart: BTC continues to hold the
$65-
$66K structural shelf defined by the April and November 2021 cycle highs. However, price remains below a well‑defined overhead resistance cluster at
$70,800–
$71,300, which includes the 50% retracement of the 11/21/22–10/6/25 advance and multiple prior congestion pivots. Weekly RSI is oversold, but momentum conditions alone are insufficient to signal a trend reversal. Until price can reclaim and close above the
$70,800–
$71,300 band, the directional bias remains sideways to mildly bearish. A decisive weekly close through this resistance zone would be the first credible indication that buyers are beginning to regain control:
