#Bitcoin  weekly chart, hitting resistance and encountering a substantial rejection. Presently, the price has pulled back to the support zone, indicated by the green horizontal line at approximately $43,250.

Maintaining a position above this level is pivotal. With a discernible shift in market structure, exercising caution in open positions is recommended. Sustaining a bullish perspective on the higher timeframe hinges on the weekly candle holding above $42,000.

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