Saturday Night Bitcoin Roadmap Analysis!

This Saturday's Bitcoin market is all about "torture." Everyone is hoping for a quiet weekend with two days of sideways movement, because the market over the weekend is either calm or it erupts into chaos and bloodshed.

On the hourly chart, Bitcoin has shrunk back into a small box within a bullish flag pattern, with the range between 67,735 and 68,482. It's like a fishing float that doesn't move—if it doesn't break this small range, don't expect a clear direction; only a volume-supported breakout above the upper boundary can lead to a trend continuation, pushing toward the higher box at 68,936 to 70,100. Standing firm at 70,100 could challenge the resistance at 70,966.

Conversely, if the support zone from 67,735 to 67,234 is broken with volume and the rebound fails to regain it, a pullback is inevitable. If the hourly drops below 67,711, the next support levels are at 66,721 to 65,306. The 4-hour chart is even more critical; previous attempts to break the 38.2% Fibonacci retracement level were false alarms, and prices have fallen back into the larger box.

The most crucial support now is at the 23.6% Fibonacci level, around 67,135. If this level can't hold, there's a high probability that the price will test the lower boundary of the box at 63,304. Bitcoin has fallen from 120,000 to 60,000, and it’s basically bottomed out. The bear market will have a strong rebound, but I prefer it to test the 60,000 level several times, forming multiple daily lows—only then will the rebound be strong enough.

$BTC In terms of trading, strictly follow the signals: buy on volume-supported break above 68,330 on the right side; short on volume-supported breakdown below 67,717 if the rebound doesn't hold, on the right side. Be sure to set proper stop-losses. Spot traders should keep a close eye; if the price approaches 60,000, it could be a good opportunity to front-run institutional moves. Remember to confirm with volume changes before acting.