According to a new technical analysis, the price of Bitcoin has returned to the “Crash Line,” prompting the talk of a possible bullish reversal. The expert behind this analysis suggested that this is not a random event, but a deliberate move that could indicate the beginning of the next rise of Bitcoin.
Bitcoin Price Revisits Common Crash Line
In a recent post on X, market analyst Crypto Tice announced that Bitcoin has just hit the Crash Line, a level that has repeatedly served as an important reload point during the current bull cycle. The analyst pointed out that this trendline led to historically strong BTC prices. He saw all that bull marketBitcoin has consistently followed the same sequence each time the price returns to the Crash Line.
Related Reading
The process starts with overheatingwhich means consumers are raising prices too quickly, creating uncontrollable upward pressure. As this momentum builds, significant strength accumulates in the market, followed by a sharp correction. This price drop often brings Bitcoin back to the Crash Line. From this point, BTC usually starts is preparing for its next phase of expansion.
Crypto Tice shared a weekly chart that shows this pattern. Each time Bitcoin approaches the Crash Line, its price corrects by about 33.10% and 30.97% before quickly rising. Now that Bitcoin has returned to the Crash Line after the recent decline of 33.38%, the analyst suggested that it could follow the same historical trend and initiate a major rally.
Crypto Tice also noted that the Crash Line always marks flushes, selling-fatigue stressand Bitcoin trend continuation areas. There is a sign structural weaknessthe analyst said that this route served as a turning point. He noted that if the broad structure remains the same, the Crash Line could mark the point where Bitcoin reloads.
Analyst Predicts Possible Next Move For Bitcoin
In a separate X post, market expert Crypto King said that Bitcoin is currently “stuck in a non-trading zone,” meaning the market still lacks clear direction despite recent returns over $90,000. The analyst added that BTC’s liquidity and market participation are fading, especially as the price moves sideways and the risk of being caught in false movements.
As a result, Crypto King described two possible scenarios for Bitcoin. If the cryptocurrency can push above $92,000 and hold that level, expect it to move from resistance to support.
Related Reading
On the other hand, if the price fails to recover $ 92,000, the analyst predicts Bitcoin may go down againin this test the Chicago Mercantile Exchange (CME) gap at $ 88,000. The analyst highlighted the two most sought-after areas on the chart: one around CME difference and the other extends lower between $60,000 and $50,000.
Featured image from Unsplash, chart from TradingView
