A lot of people might be confused like:
“If BTC goes below $82,800, but Crypto Mechanic is still saying it will be fine because $82,800 isn’t a structurally important zone… how does that make sense?”
There are two things you need to understand here.
Good technical analysis depends on how you look at the market and what your edge is, because every chart can have different edges.
As I’ve said before, $82,800 is not a structural level. It’s a breakout level.
And structural levels and breakout levels are two completely different things.
Bitcoin’s breakout level is around $82,800, while its structure is something different.
For example, when price makes higher highs and higher lows, those become structural points.
Right now, Bitcoin’s important structural higher low is around $75,000, while $82,800 is the breakout point.
Market trends depend on structure. They don’t depend on a breakout or a fakeout.
Yes, a breakout gives you a higher high, but when it comes to the overall trend, the higher lows are what matter more.
So these are two different things and two different edges:
Breakout point - $82,800
Structural point - ~$75,000
When you’re looking at the trend, you look at the structure.
When you’re looking at strength, you look at breakouts.
And when you’re looking at weakness, you look at fakeouts.
This is why BTC losing $82,800 doesn’t automatically mean the trend is broken.
It simply means the breakout is losing strength.
Know the difference.
“If BTC goes below $82,800, but Crypto Mechanic is still saying it will be fine because $82,800 isn’t a structurally important zone… how does that make sense?”
There are two things you need to understand here.
Good technical analysis depends on how you look at the market and what your edge is, because every chart can have different edges.
As I’ve said before, $82,800 is not a structural level. It’s a breakout level.
And structural levels and breakout levels are two completely different things.
Bitcoin’s breakout level is around $82,800, while its structure is something different.
For example, when price makes higher highs and higher lows, those become structural points.
Right now, Bitcoin’s important structural higher low is around $75,000, while $82,800 is the breakout point.
Market trends depend on structure. They don’t depend on a breakout or a fakeout.
Yes, a breakout gives you a higher high, but when it comes to the overall trend, the higher lows are what matter more.
So these are two different things and two different edges:
Breakout point - $82,800
Structural point - ~$75,000
When you’re looking at the trend, you look at the structure.
When you’re looking at strength, you look at breakouts.
And when you’re looking at weakness, you look at fakeouts.
This is why BTC losing $82,800 doesn’t automatically mean the trend is broken.
It simply means the breakout is losing strength.
Know the difference.
