Bitcoin price has returned to its “crash line”, according to new technical analysis, increasing talk of a crash. Potential for a bullish turnaround. The experts behind this analysis suggested that this was no coincidence, but a deliberate move that could mark the beginning of Bitcoin’s next rally.
Bitcoin price revisits familiar crash line
In a recent post on X, market analyst Crypto Tice said: announced Bitcoin has just reached a crash line, a level that has repeatedly served as a key reload point during the current bull cycle. Analysts noted that this trend line has historically led to strong price increases. BTC. he kept observing it bull marketBitcoin has consistently followed the same sequence every time the price returns to the crash line.
The process begins with Momentum overheatwhich means buyers are pushing prices up too quickly, creating unsustainable upward pressure. As this momentum builds, overleverage builds up in the market, followed by a sharp correction. This price drop often sends Bitcoin back to the crash line. From this point on, BTC usually starts Get ready for the next expansion phase.
Crypto Tice shared a weekly chart showing this pattern. Each time Bitcoin approached the crash line, its price corrected by about 33.10% and 30.97% and then rose rapidly. Bitcoin recently returned to the crash line after falling 33.38%, but analysts suggested it could follow the same historical trend and make a big rally.
Cryptothe also noted that the crash line is consistently marking leverage flushes. Depletion of selling pressureBitcoin’s trend continuation zone. rather than sending a signal structural weaknessesanalysts said that this trend line served as a turning point. He noted that the crash line could mark an area where Bitcoin’s upside will reload if the broader structure remains intact.
Analyst predicts Bitcoin’s next possible move
In another X post, market expert Crypto King said Bitcoin is currently “stuck in a no-trade zone,” he said. This means that the market still lacks a clear direction. Recent rebound above $90,000. The analyst added: BTCLiquidity and market participants are drying up, especially as prices move sideways and the risk of getting caught in the wrong move increases.
As a result, CryptoKing outlined two possible scenarios for Bitcoin. He expects the cryptocurrency to move from resistance to support if it can sustain above $92,000.
Meanwhile, if the price fails to regain $92,000, analysts predict Bitcoin may fall againthis time we will test the Chicago Mercantile Exchange (CME) gap of $88,000. Analysts highlighted two potential demand zones on the chart. CME gap The other is the lower price range, between $60,000 and $50,000.
Featured image from Unsplash, chart from TradingView
