🔥 BTC, long-term stable, short-term panic, here comes the key 👇
From the monthly chart, BTC has been making higher highs + higher lows, which indicates one thing— 👉 The long-term upward trend is not broken In the last two corrections, BTC has always 📍稳稳 supported around the 20-month moving average of $88,400 This has become a lifeline support level for the bulls ⚠️ But note: If the price closes below the 20-month moving average, and also falls below the April low of $74,500, then it means 👇
The “higher lows” structure is broken Buyers are clearly retreating The bulls are waiting for lower levels to re-enter
Once this happens, 📉 The upward trend may be temporarily paused The risk level below points directly to — $48,500 🚀 The ideal scenario for the bulls If BTC: stabilizes and rebounds near the 20-month moving average
and strongly breaks through the $100,000 psychological barrier
then it indicates 👇 👉 The major trend remains valid
The next target for the bulls is very clear:
First stop: $126,199 all-time high If the bears break through here 🎯 The next target directly looks toward $138,267, or even $153,972
🔴 Weekly perspective: short-term bearish, warning signs appear Looking at the weekly chart, be more alert ⚠️
Currently:
The moving averages have experienced a death cross for the first time since January 2022
The last death cross directly triggered a long-term downtrend
If history repeats: 📉 BTC may fall back to $74,500 again Although buyers are expected to defend this level, 👉 Support will be tested repeatedly, and its strength will weaken
Once: It breaks below and closes under $74,500, then it may form ❗ a bearish head and shoulders pattern
The downside space will be fully opened, 🎯 with a target directly at $48,500
And such a deep correction is very likely to lead the market into a prolonged consolidation phase, similar to the “tiring market” from June 2022 to February 2023. 🧠 Where is the key reversal point? If BTC:
not only does not fall, but re-establishes above the weekly moving averages,
then it indicates 👇 👉 $74,500 is an effective support Bullish sentiment will quickly warm up, and the price is expected to make another push toward $126,199. #BTC
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🔥 BTC, long-term stable, short-term panic, here comes the key 👇
From the monthly chart, BTC has been making higher highs + higher lows,
which indicates one thing—
👉 The long-term upward trend is not broken
In the last two corrections, BTC has always
📍稳稳 supported around the 20-month moving average of $88,400
This has become a lifeline support level for the bulls
⚠️ But note:
If the price closes below the 20-month moving average,
and also falls below the April low of $74,500,
then it means 👇
The “higher lows” structure is broken
Buyers are clearly retreating
The bulls are waiting for lower levels to re-enter
Once this happens,
📉 The upward trend may be temporarily paused
The risk level below points directly to — $48,500
🚀 The ideal scenario for the bulls
If BTC:
stabilizes and rebounds near the 20-month moving average
and strongly breaks through the $100,000 psychological barrier
then it indicates 👇
👉 The major trend remains valid
The next target for the bulls is very clear:
First stop: $126,199 all-time high
If the bears break through here
🎯 The next target directly looks toward $138,267, or even $153,972
🔴 Weekly perspective: short-term bearish, warning signs appear
Looking at the weekly chart, be more alert ⚠️
Currently:
The moving averages have experienced a death cross for the first time since January 2022
The last death cross directly triggered a long-term downtrend
If history repeats:
📉 BTC may fall back to $74,500 again
Although buyers are expected to defend this level,
👉 Support will be tested repeatedly, and its strength will weaken
Once:
It breaks below and closes under $74,500,
then it may form
❗ a bearish head and shoulders pattern
The downside space will be fully opened,
🎯 with a target directly at $48,500
And such a deep correction
is very likely to lead the market into a prolonged consolidation phase,
similar to the “tiring market” from June 2022 to February 2023.
🧠 Where is the key reversal point?
If BTC:
not only does not fall,
but re-establishes above the weekly moving averages,
then it indicates 👇
👉 $74,500 is an effective support
Bullish sentiment will quickly warm up,
and the price is expected to make another push toward $126,199. #BTC