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The chart pattern is getting traders’ attention because a similar-looking structure preceded Bitcoin’s move toward its previous record high near $126,000.
Now some traders are watching the $200,000 level as a potential upside scenario if the pattern confirms.
But there’s an important distinction:
A cup-and-handle is a technical pattern, not a guarantee.
For the setup to matter, Bitcoin would generally need to break above the pattern’s resistance with convincing volume and follow-through.
If it fails, the pattern can simply become another false breakout.
That’s what makes this interesting:
The setup is worth watching. The outcome is still unknown.
Bitcoin ($BTC) just swept liquidity down to $74,950 before mounting a quick bounce back above $76,500. While the broader 4-hour trend is still working through lower highs, buyers are actively defending the $75K zone!
Key Levels to Watch:
🎯 Resistance: $78,000 — A breakout here opens the path to $79,680+
🛡️ Support: $74,950 — Crucial floor to hold to avoid further downside
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🚨 $BTC Liquidity Alert: Are We Ready for the Next Big Move? 📈📉 Crypto traders, take a close look at the charts! Bitcoin ($BTC) is playing out some fascinating price action right now, and the market structure is giving us major clues about what could happen next. Here is a quick breakdown of what the Smart Money Concepts (SMC) are showing on the chart: Liquidity Sweep & Reaction: BTC recently tapped into a major demand/liquidity zone around the $76,000 mark, wiping out equal lows (EQL) and triggering a strong bullish reaction. CHoCH & BOS Shifts: Notice the shift in market structure with multiple CHoCH (Change of Character) and BOS (Break of Structure) patterns guiding the recent swings between the $76K support and the $80K–$81K resistance zone. The Target Ahead: With a strong bounce off the green support zone, the chart's current projection points toward an aggressive upward push targeting higher liquidity levels. ⚠️ Key Levels to Watch: Support Zone: $76,000 – $76,400 (Crucial to hold for continuation) Resistance / Weak High: $80,000 – $81,000 (The ultimate barrier for bulls) Are you positioning long for the bounce, or waiting for a retest? Let’s discuss your bias in the comments below! 👇💬 #Bitcoin #BTC #CryptoTrading #SmartMoneyConcepts #TechnicalAnalysis #CryptoMarket #TradingCommunity #ApostlesOfDigitalWealth #facebookpost Bitcoin Center Bitcoin Magazine Binance #BinanceHerYerde
The most important date is September 15, 2026, when the U.S. Senate is scheduled to hold a crucial procedural vote on the CLARITY Act. However, a vote on September 15 does not mean the Act becomes law immediately. If it gets the required 60 votes, it will still need to go through further Senate proceedings, final passage, the House of Representatives, and ultimately the President’s signature. If you look at BTC on the chart, you will get an idea that BTC is pumping and dumping quickly, which is normal for now.
As I told you yesterday, from the beginning, the CLARITY Act voting is tomorrow, so tomorrow the market is going to look extremely volatile. And as soon as the voting starts, if the market keeps pumping in the beginning or keeps dumping, kindly don’t trust any chart until the voting is finished. Don’t trust any pump or dump either. A lot of traders can get liquidated tomorrow, so keep an eye on the market during the CLARITY Act voting.
But as I told you, even if the CLARITY Act voting remains positive, they will not pass the CLARITY Act immediately. So you will have to keep an eye on everything.
$73K to $74K is a major support where basically, from a technical perspective, a retest becomes necessary. $78K to $80K is resistance, but the more risky level is $83K because a lot of short traders have their stop-losses at $83K and many traders will get liquidated if BTC reaches there. It was my job to tell you the correct news. Many people learn a lot from my posts, and I have been giving you all good guidance for a long time, behind which there is proper research. But anyway, if anyone among you needs any guidance, you can let me know.