Update
Bitcoin Weekly Close Below $82.2K Sets Up Bearish Resistance Retest
Bitcoin (BTC) is trading at $82,324 with a volume of $26.63 billion. The price has ranged between $80,671 and $83,035 over the past 24 hours and $79,805 to $74,074 across the week. The asset closed below approximately $82,500, marking the May 2026 highs and serving as a key continuation level in early 2025. If Bitcoin fails to reclaim the $82,500 level on lower timeframes, the downtrend break becomes difficult to act on. The weekly close below resistance repositions that level as new resistance rather than support. The short-term bias is bearish below $83,400, with the price likely to stay under pressure within the current range before the next directional move develops.