🔍 Overview:
Bitcoin has shown us a classic market structure shift, moving from bullish strength into a clear bearish retracement, all while respecting major zones and smart money concepts. This current price action highlights a Bearish Break of Structure (BOS), followed by a continuation move toward a key demand zone, which we are eyeing for the next potential reversal opportunity.
🧩 1. TRC Breakout & Early Bull Run
The chart shows a strong bullish phase starting from November 2024, which peaked in late May 2025.
The TRC (Trendline Resistance Channel) Breakout marked the shift from lower highs to higher highs.
This breakout was the initial sign of bullish strength, leading to a break of structure (BOS) around the $108,000–$110,000 level.
⚠️ 2. BOS Confirmed – Structure Starts to Crumble
Once price reached the reversal area near $112,000 (supply zone), we saw a failure to form new highs.
The Bearish BOS was confirmed when price failed to hold support and aggressively broke below the previous higher low.
This BOS is our first confirmation of trend exhaustion and a transition into bearish structure.
🧠 3. Structural Analysis & Smart Money Behavior
Notice how price moved sideways near the top before dropping — a typical distribution phase.
This is where smart money distributes positions to retail buyers at the top before the markdown.
After the BOS, each lower high confirmed the bearish market structure, with no strong bullish CHoCH in sight.
🧱 4. Major CHoCH & Interchange Zone
Look lower on the chart — the SR Interchange Zone around the $76,000–$78,000 area is significant.
This acted as resistance in early 2025, flipped into support later, and now stands as a potential Major CHoCH (Change of Character) if price revisits and reverses here.
If price respects this zone again, it could mark the next bullish accumulation phase.
🎯 5. Current Target: $83,000–$85,000 Zone
Based on structural behavior, liquidity voids, and past interaction, our short-term target is the $83,000–$85,000 demand zone.
This area is marked as “Target + Next Reversal” on the chart.
We expect either:
A reaction and reversal from this zone
Or a deeper push toward SR Interchange depending on volume and macro triggers
🧮 Key Technical Breakdown:
Component Observation
Trendline Break TRC Breakout in February
Bullish BOS Confirmed around $108,000
Reversal Area ~$112,000 (Supply/Distribution)
Structure Shift Bearish BOS confirmed
Current Target $83,000–$85,000
CHoCH Potential $76,000–$78,000
Bias Bearish short-term
🧠 Trading Wisdom:
“Structure tells the story — price action confirms it.”
Always analyze shifts in structure, not just candle patterns. BOS and CHoCH are some of the most reliable tools in understanding true market intent, especially when aligned with high-volume reversal areas.
✅ Final Thoughts:
Bitcoin is currently in a controlled retracement phase, and we are watching closely how price behaves near the $83K–$85K demand zone. If that fails, the deeper SR Interchange at ~$76K becomes the next high-probability zone for long entries.
This is a time to be patient, analyze clean structure, and ride with smart money, not against it.
Bitcoin has shown us a classic market structure shift, moving from bullish strength into a clear bearish retracement, all while respecting major zones and smart money concepts. This current price action highlights a Bearish Break of Structure (BOS), followed by a continuation move toward a key demand zone, which we are eyeing for the next potential reversal opportunity.
🧩 1. TRC Breakout & Early Bull Run
The chart shows a strong bullish phase starting from November 2024, which peaked in late May 2025.
The TRC (Trendline Resistance Channel) Breakout marked the shift from lower highs to higher highs.
This breakout was the initial sign of bullish strength, leading to a break of structure (BOS) around the $108,000–$110,000 level.
⚠️ 2. BOS Confirmed – Structure Starts to Crumble
Once price reached the reversal area near $112,000 (supply zone), we saw a failure to form new highs.
The Bearish BOS was confirmed when price failed to hold support and aggressively broke below the previous higher low.
This BOS is our first confirmation of trend exhaustion and a transition into bearish structure.
🧠 3. Structural Analysis & Smart Money Behavior
Notice how price moved sideways near the top before dropping — a typical distribution phase.
This is where smart money distributes positions to retail buyers at the top before the markdown.
After the BOS, each lower high confirmed the bearish market structure, with no strong bullish CHoCH in sight.
🧱 4. Major CHoCH & Interchange Zone
Look lower on the chart — the SR Interchange Zone around the $76,000–$78,000 area is significant.
This acted as resistance in early 2025, flipped into support later, and now stands as a potential Major CHoCH (Change of Character) if price revisits and reverses here.
If price respects this zone again, it could mark the next bullish accumulation phase.
🎯 5. Current Target: $83,000–$85,000 Zone
Based on structural behavior, liquidity voids, and past interaction, our short-term target is the $83,000–$85,000 demand zone.
This area is marked as “Target + Next Reversal” on the chart.
We expect either:
A reaction and reversal from this zone
Or a deeper push toward SR Interchange depending on volume and macro triggers
🧮 Key Technical Breakdown:
Component Observation
Trendline Break TRC Breakout in February
Bullish BOS Confirmed around $108,000
Reversal Area ~$112,000 (Supply/Distribution)
Structure Shift Bearish BOS confirmed
Current Target $83,000–$85,000
CHoCH Potential $76,000–$78,000
Bias Bearish short-term
🧠 Trading Wisdom:
“Structure tells the story — price action confirms it.”
Always analyze shifts in structure, not just candle patterns. BOS and CHoCH are some of the most reliable tools in understanding true market intent, especially when aligned with high-volume reversal areas.
✅ Final Thoughts:
Bitcoin is currently in a controlled retracement phase, and we are watching closely how price behaves near the $83K–$85K demand zone. If that fails, the deeper SR Interchange at ~$76K becomes the next high-probability zone for long entries.
This is a time to be patient, analyze clean structure, and ride with smart money, not against it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.