Breaking the $83K swing pivot does not mean that $BTC n will never trade back below $83K.
Bitcoin did exactly the same after the 2022 bottom.
It broke the final lower high around $21K, marking the end of the bearish swing structure, and then traded back below that level two months later.
The cycle low was still in play.
The importance of breaking $83K was never that it would become an impenetrable floor.
It was that Bitcoin had broken the sequence of lower highs and lower lows that defined the bear market.
Historically, that break has marked the transition to the next cycle.
Bitcoin can still retest $83K. It can even trade below it again.
That is very different from returning to a bear market and rebuilding another sequence of lower highs and lower lows.
$BTC
Bitcoin did exactly the same after the 2022 bottom.
It broke the final lower high around $21K, marking the end of the bearish swing structure, and then traded back below that level two months later.
The cycle low was still in play.
The importance of breaking $83K was never that it would become an impenetrable floor.
It was that Bitcoin had broken the sequence of lower highs and lower lows that defined the bear market.
Historically, that break has marked the transition to the next cycle.
Bitcoin can still retest $83K. It can even trade below it again.
That is very different from returning to a bear market and rebuilding another sequence of lower highs and lower lows.
$BTC
