Is the highest launch platform to its highest new levels?

Bitcoin has finally exploded from its long -term declining structure, providing a possible transformation in the market morale. The coming days will be essential as the price is close to a large resistance area that can dictate the next step.

Bitcoin (BTC) It was decisively broken from the descending market structure that had a price movement since the highest level ever. For weeks, a lower -low and lower level pattern indicates weakness and continuing on the negative side.

This trend has now been disrupted with creating the highest new level. Although this structural transformation is important, the current gathering is close to resisting a critical high time frame near 94259 dollars, a region that includes a low structural value area, the highest previous range, and a respected daily support/resistance level.

Main points

• Bitcoin broke the declining market structure for the first time in the highest level ever.
• The main resistance is located at 94,259 dollars, combining the low value area, the previous range and the S/R daily.
• The size remains less than the average, and a low decrease may be required before continuing.

This resistance area is important not only due to technical capacities, but also because of its psychological importance. A clean break and its closure above this level would confirm the upcoming continuity and open the path towards re -testing the high levels at all.

However, if Bitcoin fails to violate this area convincingly, we can see a lesser rotation towards a region of $ 81,850, a level that now stands as a possible low. This will be in good health health and enhances the idea that the last high is the first in a new bullish sequence.

The decline here will not slow down, but it supports it, assuming that the discovery of prices is support at its lowest level. The key will be whether the market is treated as a chance to buy or start returning to the previous landing direction.

The level of 81,850 dollars is highly important as it corresponds to the modern penetration area and provides a natural space for a low level. If it is respected, it will be achieved from the correctness of the transformation of the clean market structure and fuel momentum for stronger pushing up.

It remains a single technical concern: size. While the bullish structure turned, the volume did not confirm this step. The biops are usually accompanied by an increase in participation, but in this case, the size remains less than the average. This means that merchants should remain careful, not only see price levels, but also whether the buyer’s momentum begins to support the hack in the coming days.

What can be expected in the next basic procedure

If Bitcoin fails to break the resistance of 94,259 dollars, there is likely to be a short -term decline of about $ 81,850. This step will continue to support low upward scenario, which provides an opportunity to continue the direction. However, without a clear outbreak, the market remains weak.

Merchants must closely monitor the structure and size to the scale if this penetration contains legs, or just another deviation.