๐Ÿ“ Notice: This article was selected from International Trader.



BTC โ€” THE MOST IMPORTANT CHART

Currently, we are just a few days away from the (monthly candle close), if this candle closes below the $67K zone, it will be one of the worst monthly closes in the past 17 months, giving a clear close below the $70K level.

Now, as shown on my chart, I have highlighted the (Golden Support Zone) and its historical importance.

๐Ÿ‘‰ Every time the Golden Support Zone held, BTC delivered a new (All-Time High), ranging between 120% to 130% upside.

For reference:

Back in 2021, from the ($30K zone), BTC delivered ATH near ($68K) twice.

Later, when BTC dropped to $16K and reclaimed the Golden Support Zone again, it delivered another 150% move, creating a new ATH.

Now for our current zone, I have also marked a (red Trend zone), labeled as the (Maker & Breaker Zone).

โœ” Above this level โ†’ Market opens the path for bullish momentum
โŒ Below this level โ†’ Market structure turns bearish

Below the Maker & Breaker zone, I highlighted the (Golden Support Zone for BTC).

Previously, #BTC delivered around a (122% move from the $48K zone), showing how powerful this area is.
This same zone can again act as the launch base for the next (All-Time High), similar to what we saw from the ($30K zone in 2021).

This chart will guide us moving forward.

๐Ÿ‘‰ If the (Golden Support Zone holds) โ†’ New ATH remains highly possible
๐Ÿ‘‰ If it breaks โ†’ Market structure shifts and deeper correction becomes likely

Patience here is key. These levels will decide the direction.

Bitcoin(BTC) โ€” The Most Important Chart

Currently, we are just a few days away from the monthly close. If this monthโ€™s close is below the $67,000 range, it will be one of the worst monthly closes in the past 17 months, clearly closing below the $70,000 level.

As shown in the chart, I have marked the Golden Support Zone and its historical significance.

๐Ÿ‘‰ Every time the Golden Support Zone successfully held, Bitcoin has reached new all-time highs with gains of 120% to 130%.

Reference cases:
- In 2021, Bitcoin started from the $30,000 range and hit the $68,000 high twice
- Later, when Bitcoin dropped to $16,000 and regained the Golden Support Zone, it achieved another 150% increase, setting a new record

For the current range, I also marked a red trend zone, labeled as the "Build & Break Zone":
โœ” Holding above this area โ†’ The market will open a bullish momentum channel
โŒ Falling below this area โ†’ The market structure turns bearish

Below the Build & Break Zone, I specifically marked Bitcoinโ€™s Golden Support Zone. Previously, #Bitcoin achieved about a 122% increase from the $48,000 range, demonstrating the strong support of this area. This zone is expected to again serve as the launch pad for hitting new all-time highs, similar to the market behavior from the $30,000 range in 2021.

This chart will guide the subsequent trend:
๐Ÿ‘‰ If the Golden Support Zone holds โ†’ A new all-time high remains highly probable
๐Ÿ‘‰ If the support zone is broken โ†’ Market structure shifts, and a deeper correction becomes more likely

Patience is key at this moment. These key levels will determine the future direction.
BTC-0.62%
View Original
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments