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📝 Notice: This article was selected from International Trader.
BTC — THE MOST IMPORTANT CHART
Currently, we are just a few days away from the (monthly candle close), if this candle closes below the $67K zone, it will be one of the worst monthly closes in the past 17 months, giving a clear close below the $70K level.
Now, as shown on my chart, I have highlighted the (Golden Support Zone) and its historical importance.
👉 Every time the Golden Support Zone held, BTC delivered a new (All-Time High), ranging between 120% to 130% upside.
For reference:
Back in 2021, from the ($30K zone), BTC delivered ATH near ($68K) twice.
Later, when BTC dropped to $16K and reclaimed the Golden Support Zone again, it delivered another 150% move, creating a new ATH.
Now for our current zone, I have also marked a (red Trend zone), labeled as the (Maker & Breaker Zone).
✔ Above this level → Market opens the path for bullish momentum
❌ Below this level → Market structure turns bearish
Below the Maker & Breaker zone, I highlighted the (Golden Support Zone for BTC).
Previously, #BTC delivered around a (122% move from the $48K zone), showing how powerful this area is.
This same zone can again act as the launch base for the next (All-Time High), similar to what we saw from the ($30K zone in 2021).
This chart will guide us moving forward.
👉 If the (Golden Support Zone holds) → New ATH remains highly possible
👉 If it breaks → Market structure shifts and deeper correction becomes likely
Patience here is key. These levels will decide the direction.
Bitcoin(BTC) — The Most Important Chart
Currently, we are just a few days away from the monthly close. If this month’s close is below the $67,000 range, it will be one of the worst monthly closes in the past 17 months, clearly closing below the $70,000 level.
As shown in the chart, I have marked the Golden Support Zone and its historical significance.
👉 Every time the Golden Support Zone successfully held, Bitcoin has reached new all-time highs with gains of 120% to 130%.
Reference cases:
- In 2021, Bitcoin started from the $30,000 range and hit the $68,000 high twice
- Later, when Bitcoin dropped to $16,000 and regained the Golden Support Zone, it achieved another 150% increase, setting a new record
For the current range, I also marked a red trend zone, labeled as the "Build & Break Zone":
✔ Holding above this area → The market will open a bullish momentum channel
❌ Falling below this area → The market structure turns bearish
Below the Build & Break Zone, I specifically marked Bitcoin’s Golden Support Zone. Previously, #Bitcoin achieved about a 122% increase from the $48,000 range, demonstrating the strong support of this area. This zone is expected to again serve as the launch pad for hitting new all-time highs, similar to the market behavior from the $30,000 range in 2021.
This chart will guide the subsequent trend:
👉 If the Golden Support Zone holds → A new all-time high remains highly probable
👉 If the support zone is broken → Market structure shifts, and a deeper correction becomes more likely
Patience is key at this moment. These key levels will determine the future direction.