Bitcoin weekly close tests 200-week EMA as traders eye $60K support and commodities

Into Sunday's weekly close, Bitcoin traded below its 200-week exponential moving average near $68,310, keeping that long-term trend line at risk of turning into resistance. Some traders warned that a candle close under this level could lock in bearish structure, while others pointed to potential support around $65,000–$60,000 and tracked gold and oil moves as possible triggers for a rebound.