BTC is sitting at the most important weekly level right now.

Most people are watching price.
Smart money is watching what happens next at $77,365.
Here is the full breakdown.
BTC topped at $109K in early 2025.
Then it got destroyed.
$109K to $74K in a straight line down.
That kind of move does not happen without a reason.
And it does not reverse without a fight.
Right now price is compressing between two levels.
$77,365 resistance above.
$74,804 support below.
This is the decision zone.
One of these levels breaks soon.
Look at the volume spike during the selloff.
That was not retail panic selling.
That was institutions absorbing supply at the $74K to $64K range.
Big players do not buy that aggressively unless they plan to hold.
The MACD on the weekly is still below zero.
Histogram is turning positive at 1,957.
But signal lines are at negative 3,687 and negative 5,644.
No confirmed bullish cross yet.
Momentum is recovering. Not confirmed.
RSI sitting at 46.
Below the 50 midline.
Not oversold. Not strong.
This is the neutral zone where most people get faked out in both directions.
Two scenarios from here.
Scenario A: Weekly close above $77,365 with conviction. Next target $90K plus.
Scenario B: Rejection here, break below $74,804. $64,961 comes back into play fast.
The $64,961 level is the last major demand zone on the weekly.
If that breaks, the chart gets ugly.
If it holds, BTC builds the base for the next leg up.
This level matters more than most people realize.
BTC is in recovery mode. Not breakout mode.
The chart does not lie.
Watch the weekly close.
One candle could change everything.