BTC Retests Key Support zone – Will History Repeat Itself?

5 Mac

Bitcoin’s long-term structure remains intact, following a historical trend of breakouts from key accumulation zones. Each previous cycle saw BTC forming a strong base, breaking past critical resistance levels, and entering exponential price discovery. The pattern has remained consistent, with each breakout leading to a parabolic rally.

Currently, BTC is retesting a crucial level around $70K-$78K after an extended uptrend. If this historical structure holds, we could be witnessing the early stages of another major expansion phase, with the next target projection aligning near $296K. The chart also shows price respecting a long-term ascending trendline, a level that has previously served as the launchpad for prior bull market surges.

However, confirmation is key. A strong hold above this range will reinforce bullish momentum, while failure to sustain this level could indicate a deeper correction before continuation. Watch price action closely as BTC reacts to this critical zone. History suggests that once a macro breakout occurs, momentum accelerates rapidly.

Is Bitcoin gearing up for another supercycle, or will you be shaken out by market makers' manipulations?

7 Mac

Dagangan aktif

important short term demand and supply zone

15 Mac

Nota

still very much valid