Bitcoin Could Record Its Largest Weekly Loss in Years if It Breaks Below This Support

28-May-2026 The Crypto Basic

Bitcoin is currently retesting the support trendline of a multi-year wedge and losing it could lead to its largest weekly candle loss in years. MichaelXBT, a well-known crypto market commentator, was first to call attention to this structure.

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Also read: Bitcoin Tests $71.3K Support As Ascending Channel Faces Key Breakdown Risk

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