$BTC healthy cyclical structural trend—forming higher lows and higher highs. This suggests that despite sharp liquidations and short-term corrections, the structural secular bull market remains intact.
Key Pivots & Levels:
Resistance: Heavy selling pressure is observed at the $48,000 and $52,000 price levels. A decisive daily or weekly close above $52,000 triggers a massive breakout structure.
Support: Immediate downside defense sits firmly at $42,000, with historical structural demand providing a safety net.
Indicators & Sentiment$BTC