Bitcoin Is Testing Levels That Historically Matter

[cryptobro]

Bitcoin is now probing long-term technical levels that have historically preceded extended drawdowns rather than quick V-shaped recoveries.

What’s different this time is the absence of strong reflexive demand. In prior cycles, sharp pullbacks were met by aggressive buyers — from whales, treasuries, or macro-driven allocators. That bid looks thinner today.

This doesn’t guarantee a crash, but it does change the risk profile. When critical levels are tested without strong spot demand behind them, downside moves tend to persist longer than most expect.