🔥🔥$BTC Analysis – May 11🔥🔥 Bitcoin is currently entering the mid-to-late stage of a corrective rally on the weekly timeframe, following a sharp decline from its previous peak zone. Price structure shows that buying pressure has clearly returned, as BTC rebounded from the 60K–70K range with a series of recovery candles. However, upward momentum is gradually weakening as price approaches key supply zones above. This is typically a phase where short-term market euphoria appears before a larger corrective move takes place to rebalance liquidity. The first major resistance zone to watch is around 83,000 USD. This area previously acted as support during an earlier phase but has now turned into strong resistance after being broken. If BTC retests this level, the probability of profit-taking pressure and a downside reaction is relatively high. If buying strength is still sufficient to push above 83K, the next target would be the 90,000–92,000 USD zone, where significant weekly supply is concentrated and where a prior price imbalance exists. From a cyclical technical perspective, BTC has a high probability of completing this corrective rally within one of these resistance zones before entering the next downward phase. If signs of weakness in volume or reversal candles appear at 83K or 90K, the market could open a sharp decline, potentially retesting lower support zones around 50K in the mid-term. #TrumpRejectsIranDeal #WarshTakesFedChair #BitcoinETFMSBTStreak