Bitcoin Weekly Fractal Matches NVIDIA and Google but Support Breaks

Ash Crypto noted that Bitcoin is currently mirroring the same weekly price movement seen in tech stocks since 2025. The idea comes from a fractal pattern, where markets repeat similar corrective structures.

If this comparison holds, Bitcoin’s current trading level becomes an important line that must stay intact for the setup to remain valid.

The chart compares NVIDIA, Google, and Bitcoin using an A–B–C corrective structure. This pattern often starts with a base, followed by a rally, and then a pullback that decides whether the trend continues or breaks down.

NVIDIA and Google Hold Demand While Bitcoin Breaks Support

NVIDIA seems to have a greater chance of moving upwards. The price formed a strong base at point A, where the sellers yielded. It then moved to point B, forming a higher high.

The move to point C was significant, but the buyers continued to hold off at the same level of demand. The strong retest allowed NVIDIA to move further up.

Google’s pattern was even stronger. It found support at A, reached B, retreated further to C, but remained above the demand. It then strongly advanced, indicating heavy institutional participation.

For Google, the correction from A-B-C turned out to be a foundation for further highs. Bitcoin initially followed the same process, forming a base at A and advancing to B. However, at C, the situation was different.

Rather than being at the demand area, BTC fell below it, indicating that the level of support was breached. Such a shift indicates distribution rather than accumulation, and this gives the advantage to the sellers.

TradingView Signals Bearish Momentum Near $67,400

Weekly charts on TradingView confirm a cautious outlook. Bitcoin is at approximately $67,400 following a strong fall from the upper Fibonacci extension level.

BTC had previously reached the $110,000-$120,000 level, where strong sell pressure was observed at the 3.618-4.236 extensions. This rejection triggered a broader reversal, with lower highs and lower lows.

Breaking below $70,000, a strong psychological level in the latter part of 2025, injects further weakness. Momentum indicators remain bearish. The weekly RSI (14) is close to 27, firmly in oversold conditions, indicating strong selling pressure. Although oversold conditions can trigger a brief relief rally, there is as yet no bullish divergence.

MACD remains highly negative with larger red bars. Bitcoin is currently sitting below several previous Fibonacci support levels, which have turned into resistance. A potential bounce to $75,000-$82,000 may face selling pressure unless the momentum changes.

Read More: Bitcoin ETF Massive Shock: Goldman Cuts Holdings 40%