Bitcoin’s current structure is starting to look familiar to long-time market participants.
Back in 2021, $BTC topped near $69K, formed a double-top, lost key support, and eventually corrected deeply before finding a bottom around $15K. That former resistance later flipped into strong support — and became the launchpad for the next major rally.
Fast forward to now, and some traders see a similar setup forming.
The technical narrative:
$125K marked the recent cycle high
Price action suggests a double-top structure near the highs
$BTC is facing rejection around the neckline / key resistance zone
If downside continuation plays out, the $67K area stands out as a major support level
This zone aligns with a classic resistance → support flip
What this means
Short term, volatility and downside pressure remain possible.
Structurally, many view the $67K region as a potential base where longer-term strength could rebuild — similar to past cycles.
Markets don’t repeat perfectly, but they often rhyme. Patterns tend to reappear because human behavior stays consistent.
As always, manage risk and wait for confirmation — structure matters more than prediction.
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