Analyst outlines four Bitcoin levels; Monday, Wednesday checkpoints decide weekly direction

Title: Sherlockwhale maps 4 BTC levels for this week: $79.8k, $79.1k, $74.5k, $69.9k

Bitcoin starts the week with a clear roadmap. DeFi analyst Sherlockwhale sets four levels to watch, tied to Monday and Wednesday closes (NewsBTC, X thread).

The framework uses ~450 weeks of history and focuses on how weekly closes drive direction. Bitcoin ended near $76,000 last week, up 7.2% from Monday’s open. Price hit $78,333, fell 1.79% on Saturday, then only partly recovered. The weekly close sat near 70% of the range, showing a rejection near the top (NewsBTC).

When BTC breaks the prior week’s high but closes like this, the next week finishes lower ~62% of the time (Bitcoinist). That sets the tone for four trigger levels.

  • $79,800 on Monday close signals strength. Above this, weeks close green 89.6% of the time, 95.5% since 2021 (X thread).
  • $79,116 confirms hold above resistance, roughly 1% above the $78,333 high (NewsBTC).
  • $74,480 on Monday close signals a failed move, about 2% below open. If losses exceed 2% by Wednesday, weeks finish red ~80%, with no recent exceptions (Bitcoinist, X thread).
  • $69,861 sweeps the weekly range. History shows rebounds follow, with the rest of the week turning positive ~81.8% of cases (NewsBTC).

Midweek checkpoints refine odds. If BTC holds >3% above Monday’s open by Wednesday, past 141 cases show an 86% chance of a green close. Above 5% by midweek lifts this to 91.4% across 93 instances (NewsBTC).

These levels give a binary map for the week. Monday and Wednesday closes are the signals to watch (NewsBTC, X thread).

Bitcoin price chart from TradingView