Alert: $BTC Broke Structure From $126K — Three Accumulation Zones Before $350K Expansion
$BTC rejected from the $126K cycle high and broke long-term diagonal support. Price now trades near $71K.
Critical levels to watch:
- $90K-$95K bearish order block — must reclaim for trend reversal
- $56,611 accumulation zone (0.382 Fib)
- $44,193 accumulation zone (0.5 Fib)
- $34,499 deep accumulation (0.618 Fib)
These retracement zones historically mark major cycle bottoms. Long-term targets remain $150K, $250K, and $350K by 2029.
Verdict: Bearish structure until $90K reclaim. Patient accumulation at Fib zones is the play.
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