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Liquidating Billions in 2 Hours: Is Bitcoin Repeating Its Old Pattern Before a Strong Rally?
The market just experienced a massive shakeout as billions of dollars were liquidated within just 2 hours. The red candles plummeted like a “knock-out punch,” causing panic among many investors. Bitcoin quickly reversed from the $120,000 expectation zone back to near the $90,000 mark, creating a true shock. But if you look closely at the price structure, this is not an meaningless crash. 🔍 Weekly Structure Repeating Bitcoin is currently exhibiting the same pattern that appeared before: Strong rally → reaching the historic high extension zone (ATH) → rejection → correction to the demand zone → continuing the upward trend The price was rejected at the ATH extension zone and is now returning to the critical demand zone around $85,000 – $90,000. This is an area that has repeatedly triggered strong buying in the past. 📈 Major Trend Still Intact The key point is that Bitcoin is still holding above the long-term trendline. This indicates: The upward structure has not been brokenThis is a “buying digestion” phase, not an accumulation topThe market is consolidating for the next rally In other words, this is a halftime break, not the end of the game. 🎯 Next Scenario If the buyers successfully defend the $85,000 – $90,000 zone: Next target: $110,000 – $125,000When a clean breakout occurs above this zone, the door to a new ATH over $130,000 will open The current price zone is not a place for panic selling, but also not a FOMO chasing point. This is a phase that requires patience – just as the chart has shown before. 🧠 Conclusion Bitcoin is not crashing. Bitcoin is repeating a familiar cycle. The large liquidations are just a cleansing process of leverage before the market enters a new rally. Those who maintain discipline and calmness during this phase are usually the ones who go the farthest. The market does not reward haste. It only pays off patience.