Bitcoin’s Next Move

Bitcoin ($BTC) is once again testing a critical support level that has historically acted as a turning point for major market moves. Over the past week, price action has tightened, suggesting that traders are waiting for a decisive breakout. If bulls manage to defend this zone, we could see a quick push toward key resistance levels, triggering renewed confidence in the market. However, a clean break below support could invite aggressive selling, potentially driving $BTC lower before any significant recovery.

What makes this area interesting is the combination of technical and fundamental factors. On-chain data suggests long-term holders are still accumulating, while funding rates remain neutral—indicating neither bulls nor bears are fully in control. This balance often precedes big volatility.

Are you planning to buy the dip, wait for confirmation, or trade the breakdown?

Share your strategy below and let’s compare approaches. Charts don’t predict the future, but they can help us prepare for different outcomes.