The post Bitcocom. Key points: Bitcoin faces an important weekly close with several key price levels on the line. The bull market’s future is still at stake, a trader says, amid ongoing whale selling. Risk assets should gain from a reduction in US trade tariffs or the end of the government shutdown. Bitcoin (BTC) wedged itself in a narrow range ahead of a key weekly close with $100,000 support at stake. BTC price counts down to major weekly close Data from Cointelegraph Markets Pro and TradingView showed BTC price inertia characterizing weekend trading. Volatility was lacking, but market participants were keen to see how the weekly candle would close. 5K,” trader Titan of Crypto wrote in a post on X. Titan of Crypto based the significance of that price point on Fibonacci retracement levels, with the bull market potentially at stake. “A weekly close below isn’t dramatic, but a confirmed breakdown next week would signal the bull market is likely over. Not there yet,” he added. BTC/USD one-week chart. “We don’t want a weekly close below this at any cost,” trader Max Crypto warned. BTC/USD one-week chart with 50EMA. Such a scenario occurs when the 50-period SMA crosses below the 200-period equivalent. “The 4th ‘death cross’ of the bull cycle is approaching. Each time we’ve seen reversion to the mean and a sustained bottom,” he told X followers on the day. “But so far, a lukewarm reaction at the 365 SMA. Let’s see if bulls can get it.