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Bitcoin is currently resting on a critical price level that historically determines the direction of the trend. This particular level has already demonstrated its significance multiple times across market cycles. It successfully capped the 2021 bull run, then rejected the acceleration we saw in 2024. Today, the price is testing this level from above, which makes it an important inflection point to monitor.
The implications are straightforward: if BTC holds below this level, the market structure weakens considerably and downside risk expands significantly. However, if the price manages to maintain above this threshold, it signals that value is being accepted at higher levels and could open the door to continued appreciation. Traders and investors should pay close attention to how Bitcoin behaves around this confluence of support and resistance.