$BTC TREND IS OVER ?????

This chart shows Bitcoin’s strong long-term uptrend, guided by a curved blue trendline (parabolic / long-term moving support).

🔍 Key Observations

Primary Trend:

The overall trend is bullish. Price has respected the rising curved trendline multiple times, confirming strong long-term demand.

Recent Price Action:

After reaching a peak near $120k–$125k, BTC faced rejection and broke below the curved trendline, leading to a sharp correction.

Current Price Zone:

BTC is trading around $86,910, which is a critical demand area.

📉 Bearish Scenario (Short–Mid Term)

Breakdown below the long-term curve indicates trend exhaustion.

If price fails to reclaim the trendline:

Possible retest of $80k – $75k

Deeper correction could extend to $65k – $70k (previous consolidation zone)

📈 Bullish Scenario (Reversal Case)

If BTC holds above $85k and forms higher lows:

Bounce back toward $95k – $100k

Reclaiming the blue curve would signal trend continuation

Next upside targets: $110k → $125k+

🧠 Market Structure Insight

Long-term structure: Still bullish

Short-term structure: Corrective / bearish

This phase looks like a healthy macro correction, not a trend reversal yet.

⚠️ Key Levels to Watch

Support: $85k → $80k → $70k

Resistance: $95k → $105k → $120k