In this Bitcoin analysis, we review the current BTC chart structure, major support and resistance zones, and what may happen if critical levels fail. The transcript reveals an important moment for Bitcoin as the price tests multiple key areas.
Bitcoin Analysis: Current Support and Resistance Zones
The chart highlights a major support–resistance zone around $91,478. Bitcoin recently bounced from this area, pushing upward before meeting the same ceiling again.
The price action shows BTC ricocheting between several levels, indicating uncertainty before the next major move.
For reference on how support and resistance levels typically function, you can review guides from Investopedia (https://www.investopedia.com).
Bitcoin Analysis: What Happens Below $71,000?
A critical warning level is identified between $70,000–$71,000.
If Bitcoin drops below this zone:
- Market structure breaks down
- A larger downward move becomes likely
- A deeper correction could unfold
The analyst emphasizes this does not seem to be the expected scenario—but traders should stay alert because this range acts as a major safety line.
For historical BTC trend comparisons, CoinMarketCap provides helpful charts: https://coinmarketcap.com
Bitcoin Analysis: Will BTC Go Higher?
Despite short-term weakness, the broader expectation is bullish.
The key question: will Bitcoin briefly dip below $80K again to touch a lower support level before climbing higher?
The analyst suggests:
- BTC will likely go higher
- Timing remains uncertain
- The next few weeks are critical in determining direction
This aligns with several market-cycle theories explained by platforms like CoinDesk: https://www.coindesk.com
Bitcoin Analysis: Decision Window Ahead
We are now in a critical decision window where Bitcoin must choose direction—either:
- Break down and revisit deeper support
or - Reverse and move higher toward the next bullish leg
The coming weeks will reveal whether BTC confirms a stronger bullish trend or tests lower levels first.
Aura Wright is the first psychic and cryptoastrologer in the crypto space. She has an accurate track record, as you can see here: https://www.tradingview.com/u/ to join as a member for detailed predictions, go here: aurawright.media/membership-levels/
Crypto Astrology for this week
