BTCUSDT Bitcoin continues to hold its macro bullish structure, supported by a strong rising trendline that has remained intact since mid-2023. Every major correction has found support along this line, and the current consolidation is no different.
After a rejection from the ATH resistance zone ($95K–$110K), BTC has pulled back but is now forming a base just above the $72K–$75K region, which previously acted as resistance. This area is now showing signs of turning into support, reinforcing the bullish case.
Key Technical Highlights:
Rising support trendline continues to hold cleanly. Previous resistance (~$72K) has flipped into support. Market is currently in a consolidation phase within a bullish structure.
Watching for a breakout above recent local highs to confirm upside continuation
What to Watch: A break below the trendline could shift short-term momentum bearish. A breakout above $86K–88K may trigger the next leg toward ATH levels.
📌 Conclusion: Bitcoin remains technically strong on the higher timeframe. As long as the trendline and $72K–$75K support zone hold, the bullish structure remains valid.