📊 Bitcoin: a major zone to watch very closely
Bitcoin is currently operating in a major support zone on a daily time frame, marked by a former resistance area that has become support. This type of level is strategic: it corresponds to a polarity zone, where the market makes its most important decisions.
This zone concentrates several key elements:
former market equilibrium zone,
strong historical liquidity accumulation,
level widely observed by institutional operators.
The return of the price to this level comes after a healthy correction phase, necessary to purge excess leverage and reintroduce long-term buying liquidity. In previous Bitcoin cycles, this type of movement has often preceded broader expansion phases.
👉 Current market reading
As long as Bitcoin remains above this zone in daily close, the bias remains neutral to bullish.
A clear buying reaction (rejections, reversal structures, resumption of volumes) would strengthen a consolidation/accumulation scenario.
Conversely, a confirmed break below the zone would open the way for a deeper correction towards the next liquidity levels, without invalidating the long-term bullish structure.
It is important to remember that a major zone is not an automatic entry point but a decision space where the market reveals its true intention.
It represents a strategic pivot for the coming weeks. One should expect a more or less positive correlation between Gold, Silver, and Bitcoin in the coming weeks. Patience, reading of closes, and risk management remain essential.
💬 Do you think this zone will serve as a base for a bullish rally or indicate a deeper correction? Your opinions are welcome.