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BTC WEEKLY ANALYSIS: POTENTIAL RETRACEMENT TOWARD KEY SUPPORT ZONE 📉📈📊

The weekly BTC/USDT chart shows a strong downward move from the recent peak near 120,000. Price is currently around 86,495 and continues to show bearish momentum.📊
The chart highlights a major support zone around 61,800 – 62,000, which has acted as an important demand area in the past. If the downward trend continues, Bitcoin may retest this support zone before attempting another reversal or rebound.

Traders should closely monitor price action near this level, as strong buying pressure could appear once again. Always use proper risk management and avoid emotional trading.📉

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