Bitcoin’s long-term structure just made a major statement.
$BTC closed above its 365-day moving average — a trend line that has historically marked major bull-market phases since 2019.
Now the focus shifts to the next supply zone:
▸ $88K–$90K resistance
▸ Supply wall has been cleared
▸ On-chain structure started signaling this shift back in mid-August
The trend has changed.
Now we watch how Bitcoin reacts at the next major resistance.
#BTC #Bitcoin #Trading #Analysis
$BTC closed above its 365-day moving average — a trend line that has historically marked major bull-market phases since 2019.
Now the focus shifts to the next supply zone:
▸ $88K–$90K resistance
▸ Supply wall has been cleared
▸ On-chain structure started signaling this shift back in mid-August
The trend has changed.
Now we watch how Bitcoin reacts at the next major resistance.
#BTC #Bitcoin #Trading #Analysis
