Everyone keeps asking the same question...
Has Bitcoin already found its bottom, or is one final shakeout still waiting for us?
Honestly, this is the first time in a long while that I'm looking at the higher timeframes and thinking this might be more than just another relief bounce.
Personally, I like how the market structure is developing.
For the first time, it feels like we're building a real bottom instead of another temporary rally that fades a few days later.
But I'm not ready to scream "bull market" just yet.
There are three levels I'm watching very closely.
First, the $61.3K–$62.2K support.
As long as Bitcoin holds above it, I think the bullish case stays alive. Lose that zone, and August could easily finish in the red.
Second, the inverse head-and-shoulders structure.
If those lows continue to hold, the reversal thesis remains intact.
And finally, the major resistance overhead.
That's the level that would truly convince me the next bull market has begun.
Maybe I'll enter a little later than everyone else...
But I'd rather wait for confirmation than chase excitement.
What do you think... has Bitcoin already printed the bottom, or is the market saving one last surprise for us? 🤍
$BTC
Has Bitcoin already found its bottom, or is one final shakeout still waiting for us?
Honestly, this is the first time in a long while that I'm looking at the higher timeframes and thinking this might be more than just another relief bounce.
Personally, I like how the market structure is developing.
For the first time, it feels like we're building a real bottom instead of another temporary rally that fades a few days later.
But I'm not ready to scream "bull market" just yet.
There are three levels I'm watching very closely.
First, the $61.3K–$62.2K support.
As long as Bitcoin holds above it, I think the bullish case stays alive. Lose that zone, and August could easily finish in the red.
Second, the inverse head-and-shoulders structure.
If those lows continue to hold, the reversal thesis remains intact.
And finally, the major resistance overhead.
That's the level that would truly convince me the next bull market has begun.
Maybe I'll enter a little later than everyone else...
But I'd rather wait for confirmation than chase excitement.
What do you think... has Bitcoin already printed the bottom, or is the market saving one last surprise for us? 🤍
$BTC