This Bitcoin Chart Shows What To Expect For The Next 3 Months After Major Decision Point
Technical analysis of Bitcoin’s price action on the daily candlestick timeframe places the cryptocurrency around the same resistance region where previous relief rallies have failed, turning the current price area into a major decision point for the next phase of the market. At the time of writing, Bitcoin is trading around $62,950, and bulls are trying to stabilize above $60,000 after a recent few days of heavy selling pressure. On-chain analyst VoidOnChain has laid out a precise roadmap that maps the path from current price action, but the roadmap does not promise an immediate recovery. Bitcoin Returns To The Zone Where Relief Rallies Keep Failing The Bitcoin daily chart reveals a pattern of diminishing relief rallies, each one failing at a lower high. Looking at the earlier structure on the chart below, BTC moved through an ascending channel, pushed into a sell zone in late 2025, and then broke down. Related Reading: Has The Bitcoin Price Crash Ended Or Is This Just The Beginning?