Weekly Frame Analysis of Bitcoin: Possible Scenarios and Price Targets

2026-02-09 07:15:26

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The technical analysis of Bitcoin on the weekly timeframe indicates several potential scenarios in the coming period. Currently, Bitcoin is trading around $70,700 with a slight increase of approximately 1.78% over the past 24 hours.

Critical Technical Levels

The key lies in the price behavior near the 100-period moving average (around $84,000). If Bitcoin closes above this critical level in the upcoming period, it may find support to continue rising toward levels of $90,000 and above. However, this scenario is considered less likely from an analytical perspective.

The Most Probable Scenario and Price Targets

The most likely scenario is a price collapse below the $84,000 level on the weekly timeframe. In this case, Bitcoin could reach the 200-period moving average, which is currently near the $67,000 level. This level represents a strong support zone that may limit further decline.

Weekly analysis suggests that maintaining prices above $84,000 requires strong buying pressure, which currently appears limited. Based on these indicators, the $67,000 level remains the primary price target to watch in the coming weeks.

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