The ghost of 2021 is haunting the Bitcoin charts and has us all with our eyes glued to the screen because history doesn't repeat itself, but it certainly rhymes with impressive force. 📉🔥

If you feel like you've lived this moment before, it's not for nothing. Bitcoin is trapped in a pattern that looks like a replica of what we saw a few years ago, operating in a price "cluster" that has us cornered. Analyst Rekt Capital has hit the nail on the head: the current market structure is a mirror of the past cycle, and that means we are in an extreme decision zone where there is no room for mistakes.

The reality is that we are in a power struggle at critical levels. On one side, we have a concrete ceiling between $91,000 and $92,000. Although we recently managed to peek above $91k, sellers appeared with all the weight of the market to bring us down from that cloud, sending the price back to what experts call the "no-trade zone". It’s that limbo where the price moves sideways, there is no liquidity because it’s the weekend, and the best thing is to stay still to avoid getting hurt. 🥊

What should really worry us (or excite us, depending on your strategy) are the two frontiers that will define the immediate future:

  • The Abyss: If Bitcoin breaks down the base of the descending triangle, which is around $82,000, get ready, because we could see a quite serious bearish acceleration. The base weakens every time we test it without bouncing strongly. ⚠️

  • The Glory: For us to say that the bulls have taken control, Bitcoin needs to break the macro bearish trend that is sitting near $100,000. But be careful, it’s not just about reaching it, it’s about breaking with real spot demand, the kind that brings volume and not just air. 🚀

Right now, the market is consolidating, preparing for its next big jump or its next big drop. If the resistance at $92k keeps winning the battle, the support structure will wear down until something gives. We are in decisive days where patience is worth more than any currency.

The big question that remains is: are we seeing the necessary accumulation to go for six digits or is this the last breath before the 2021 story reminds us how painful a bearish cycle can be?

Do you think the support at $82,000 will hold the pressure or are we about to see the 2021 mirror break into a thousand pieces?