Last time $BITCOIN
BITCOIN
Alpha
0.020815
+4.68%
tapped this support area, what followed caught most of the market off guard — a massive 670% surge unfolded soon after.
Now price is sitting in that same zone again.
Momentum is gradually strengthening, downside pressure appears to be fading, and this level has previously acted as a springboard. If the structure remains intact, the upside reaction could be sharp rather than gradual.
Bitcoin rarely trends in a straight path — it builds compression, then releases aggressively.
The current formation is beginning to resemble that earlier setup.