Bitcoin price action sealed its first weekly candle close above a 21-week moving average trend line since it traded near $115,000 in October 2025.

Bitcoin market participants favored a short-term return to $73,000 as resistance stayed in place, with some analysis seeing even lower levels.

Bitcoin and risk assets faced an uphill struggle after the S&P 500 hit new all-time highs as analysis warned that BTC price support was at risk.

Bitcoin price action has one more week to go until it potentially achieves its biggest month's gains since late 2024.

Bitcoin brought its bull market support band as a key level for BTC price action to reclaim during the weekly candle close.