Bitcoin recently rejected near the $126K cycle high and broke below a long-term support trendline. That move suggests the market may have shifted into a new accumulation phase before the next major expansion.

Right now $BTC is trading around $71K, while the $90K–$95K zone remains a key resistance area.

This level previously acted as a strong supply zone where heavy selling entered the market. Until Bitcoin reclaims that range on a weekly close, the structure stays neutral to slightly bearish.

Below current price, analysts are watching a few potential accumulation levels:

• $56K area – first major retracement
• $44K area – mid-cycle support
• $34K area – deeper cycle reset zone

In previous cycles, similar retracement zones often formed the foundation for the next long-term rally.

If Bitcoin builds a base and macro conditions improve over the coming years, some long-term projections still place possible expansion targets around:
• $150K
• $250K
• $350K toward the 2028–2029 cycle

For now, though, the key signal remains clear: BTC needs to reclaim $90K–$95K to confirm a stronger bullish trend.

Do you think Bitcoin forms support first… or reclaims $90K sooner than expected?

$BTC ‌