Brothers and sisters: Is it bullish season? VS bears again?
The BTC bull-bear watershed! Two key levels directly determine the next direction🔥
Let me explain the big pie and big moves in plain human language 📈
On the chart, this red trendline is the dividing line between bulls and bears.
The area around 84,200 above is the most important hurdle. If the price can genuinely hold above 84,200, then the bulls can be considered truly back—and only then is there a chance for further big upside.
If it only spikes to this level and then drops back down, it means the bulls lack strength, and the market is likely to turn and start getting smashed downward.
Downward, focus on breaking the prior low, toward the 56,000 area. Timing-wise, look to October, when it may revisit and make a new low.
If this bull-bear trendline gets poked/touched like a needle, then bulls should be careful. The outlook would be for a move down—falling below 60,000, and possibly even down to the 56,000 area to form a new low (the bottom of this bear market) as I expect.
Quick memory:
✅ Hold above 84,200 → think about going long
❌ If you can’t hold 84,200 when attempting to break it → beware of a pullback; watch the 56,000 support
Don’t make up bull-market/bear-market narratives on your own about how prices “should” move. We follow the key levels.
Be sure to manage your position size—don’t go all-in.
$BTC
(My personal view: In this BTC bear market cycle, there’s still one more drop. A crash is likely in October. Bear market: violent rallies, then choppy downward drifting. Bull market: slow rise, sharp drops.)
The BTC bull-bear watershed! Two key levels directly determine the next direction🔥
Let me explain the big pie and big moves in plain human language 📈
On the chart, this red trendline is the dividing line between bulls and bears.
The area around 84,200 above is the most important hurdle. If the price can genuinely hold above 84,200, then the bulls can be considered truly back—and only then is there a chance for further big upside.
If it only spikes to this level and then drops back down, it means the bulls lack strength, and the market is likely to turn and start getting smashed downward.
Downward, focus on breaking the prior low, toward the 56,000 area. Timing-wise, look to October, when it may revisit and make a new low.
If this bull-bear trendline gets poked/touched like a needle, then bulls should be careful. The outlook would be for a move down—falling below 60,000, and possibly even down to the 56,000 area to form a new low (the bottom of this bear market) as I expect.
Quick memory:
✅ Hold above 84,200 → think about going long
❌ If you can’t hold 84,200 when attempting to break it → beware of a pullback; watch the 56,000 support
Don’t make up bull-market/bear-market narratives on your own about how prices “should” move. We follow the key levels.
Be sure to manage your position size—don’t go all-in.
$BTC
(My personal view: In this BTC bear market cycle, there’s still one more drop. A crash is likely in October. Bear market: violent rallies, then choppy downward drifting. Bull market: slow rise, sharp drops.)