Bitcoin remains bullish on the higher timeframe, but price is currently in a corrective phase after an extended expansion.
A deeper pullback into the 65k–75k demand zone would be healthy and structurally sound, allowing liquidity to be reabsorbed before the next leg higher. Volatility and uneven price action should be expected during this phase, rather than a clean move.
As long as BTC holds this higher-timeframe demand and avoids a sustained weekly close below the lower boundary, the macro bullish structure remains intact, with continuation toward new highs as the primary scenario.
Reset, not a reversal.
A deeper pullback into the 65k–75k demand zone would be healthy and structurally sound, allowing liquidity to be reabsorbed before the next leg higher. Volatility and uneven price action should be expected during this phase, rather than a clean move.
As long as BTC holds this higher-timeframe demand and avoids a sustained weekly close below the lower boundary, the macro bullish structure remains intact, with continuation toward new highs as the primary scenario.
Reset, not a reversal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.