Bitcoin 4th Halving Price Not Reaching New Highs

The chart compares Bitcoin’s price cycle after each halving on the same timeline.
It is a very important detail that the current 4th halving cycle has approached the critical peak levels of past cycles exactly and has not surpassed this level.
The main reason for the current price being stuck around $81.5k also emerges from here.
Especially, the region seen in the 3rd halving cycle almost perfectly overlaps with the current movement.
In the past, this area was a zone where the market experienced significant profit-taking and the pace of the rise noticeably slowed down.
In other words, historically, #Bitcoin has shown a strong rejection at these types of zones on the first attempt after halving.
At the same time, the 3rd halving level acts as a strong support.
The $81.5k level is not just a psychological resistance.
It also represents the upper band of the historical halving curve, a profit-taking zone for long-term investors, an area where spot demand begins to weaken, and a region where leveraged long positions concentrate.
As seen in the chart, in previous cycles, the price moved sideways for a long time in these zones, even experiencing sharp corrections.
Therefore, it is quite normal for the current cycle’s price to not surpass the $81.5k resistance in a single move.
However, even if the price is rejected, it continues to form higher lows as in previous cycles.
This indicates that despite strong selling pressure, the structure has not been completely broken.
If Bitcoin accumulates below this zone for a long time, the movement could become much more aggressive once the resistance is broken.
Because, historically, the most aggressive rises after halving usually come after long periods of consolidation.
@ForeDex_Global
⚠️ #advertisement or investment advice is not provided.
This analysis reflects my personal opinion. It is not definitive.