Two Bitcoin charts pointed to key levels that could shape the next major move. One highlighted deep support zones linked to past bull cycle resets, while the other showed a short term bullish setup that still depends on support holding.
Bitcoin Pullbacks Below Key Holder Cost Bands Have Historically Preceded New Bull Runs
A chart shared by analyst Ali Martinez argued that Bitcoin has often started new bull runs after falling below two long term support zones tied to holder cost basis. According to the post, those levels now stand near the long term holder realized price at $48,387 and the minus 0.2 standard deviation band at $36,657.
$BTC Daily Chart: Source: AlphaFractal,shared by Ali Charts on X
The chart showed several past periods when Bitcoin moved under those bands before later pushing into a new upward cycle. In this view, those areas matter because they reflect where long term holders, on average, accumulated coins and where price has historically reached deep discount territory. As a result, Martinez said he is watching those zones for possible dip buying opportunities before the next bull cycle.
Still, the chart did not say Bitcoin must revisit either level. Instead, it framed them as zones to watch if price weakens further. At the time shown on the chart, Bitcoin traded around $69,360, while both support bands remained well below the market. Therefore, the main takeaway is that a deeper correction into those ranges could attract attention from traders who believe past cycle behavior may repeat.
Bitcoin Tests Bullish Setup as Analysts Watch Wedge Support and Key Moving Averages
A chart shared by SuperBro outlined a short term bullish setup for Bitcoin while pointing to a nearby invalidation zone that traders may use to manage risk. The daily chart showed Bitcoin trading inside a rising wedge, with price moving between higher support and resistance lines after a sharp earlier decline.
BTCUSD Bitcoin Daily Chart: Source: TradingView,shared by SuperBro on X
The analysis suggested that a move closer to the lower boundary of the pattern could offer a more attractive risk to reward setup for traders betting on a rebound. SuperBro described that area as the point where a larger position could be taken with tighter downside risk, as long as the bullish structure remains intact. The chart marked both a tight invalidation and a looser invalidation below the lower trendline.
At the same time, the upside path on the chart depended on Bitcoin reclaiming higher resistance zones and pushing toward major moving averages above. The graphic highlighted the 50 day, 100 day, and 200 day averages as overhead levels that could act as resistance if momentum improves. It also included a two week liquidation heatmap from CoinGlass, which showed dense liquidity clusters above and below the market. That suggests price could stay volatile as traders watch whether wedge support holds or breaks.
