Bitcoin is at a crucial stage on the higher time frame charts. The broader structure still allows one final dip before a more stable base is formed. This aligns with earlier projections for early 2026, where prices were expected to make another low before any sustained recovery begins.
At current levels, Bitcoin may still revisit recent lows, with the $75,000 area emerging as an important zone to watch. Such moves are often seen near the end of corrective phases, where prices briefly fall lower before finding support.
What the Charts Are Signalling
Bitcoin remains close to levels that have historically marked important market bottoms. The Relative Strength Index (RSI) on this timeframe is nearing zones last seen during major downturns, suggesting selling pressure has already done significant damage.
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