Everyone is talking about new ATHs, but the chart tells a different story.
Many believe
$BTC is about to head straight to new highs.
Personally, I see a more demanding scenario before that happens.
Technically, we’re observing:
• A clear break of the bullish trendline that had supported the move since 2024
•A lower highs / lower lows structure now in place
• A noticeable loss of momentum after the $100K area
When a bullish structure breaks, the market doesn’t magically resume its uptrend.
It revisits lower liquidity zones.
And the zone that stands out is $50,000 – $49,000.
Why?
– It’s a former major consolidation range
– It’s a strong psychological level
– It’s an area where significant liquidity likely remains untapped
Markets love to revisit their foundations before rebuilding.
In my view, before considering a new ATH,
$BTC needs to purge, reset, and force weak hands to capitulate.
A euphoric market forgets gravity.
The real question isn’t “Will we make a new ATH?”
It’s whether the market is willing to pay the price of a real correction first.
#BTC #ATH $BTC