TradeYouLike Market Intelligence

Bitcoin Breaks Weekly Structure — Is the Major Bottom Now In?

In-depth analysis of the trending trading setup: Bitcoin Breaks Weekly Structure — Is the Major Bottom Now In?. Learn entry rules, stop loss placement, and risk management.

Published by TradeYouLike Research Team • Technical Analysis & Strategy

Bitcoin Breaks Weekly Structure — Is the Major Bottom Now In?

Social media has been highlighting this trading setup. Here's a detailed breakdown of the core mechanics, separated from the hype.

Strategy Overview

Weekly Structure Turns Bullish Bitcoin has broken above the previous $82,850 structural high, creating a fresh higher high and confirming a bullish change of character on the weekly chart. Major Moving Averages Reclaimed Price is now above the 200, 100 and 50-week EMAs. Combined with the structural break, this provides further evidence that the $57,800 June low may have marked a major bottom. Key Resistance Smashed Bitcoin has also pushed decisively through the 0.618 Fib at $82,597. This

Key Trading Rules

  • Entry: Look for clear reversal patterns (engulfing, pin bar) at key support/resistance levels
  • Stop Loss: Always place behind structural swing high or low. Risk only 1-2% per trade
  • Target: Next key level or minimum 1.5x your risk

Conclusion: While this strategy has strong momentum, execution requires discipline, emotional control, and strict risk management.