After a sharp correction from the highs, Bitcoin has found support at a key confluence zone around 60K, aligning with a long-term ascending trendline and previous resistance turned support. This move appears to be a classic liquidity reset, flushing out leveraged positions while allowing stronger hands to accumulate at lower levels. However, the structure is no longer in a clean uptrend. The formation of a lower high and deeper correction suggests the market is currently in a re-accumulation phase rather than immediate expansion. A gradual move toward the 80K–90K zone is likely, but the real continuation toward higher targets will require time, consolidation, and confirmation of strength above key resistance levels. Big moves don’t start from hype they start from rebuilding. And that’s exactly what BTC is doing right now.
BTC Macro Structure — Reloading Before the Next Leg?