Bitcoin -Price analysis: BTC’s path to new ATH depends on holding these support levels

Bitcoin continues to act with renewed power, supported by a decisive rebound of demand zones and a confirmed market structure shift. Although the momentum Bullish remains, traders must remain aware of potential withdrawals in important support zones before being higher.

Technical analysis

By Shayan

The daily graph

On the daily age of time, BTC recently organized a strong rebound from the marked order block (demand zone), with which the buyers have a strong control at this critical level. The bounce was further validated by a clean outbreak above the 100-day advancing average, which had previously acted as dynamic resistance.

This development indicates a return of Bullish Momentum, although a short-term withdrawal to the broken ma near $ 112k cannot be excluded. If this redsest applies, the wider structure would remain supportive for continuation compared to the all-time high resistance zone.

The 4-hour graph

A clear change of character (Choch) has occurred on the 4 -hour graph, which confirms a decisive shift from Beerarish to Bullish structure. After breaking over earlier Swing Highs, Bitcoin now consolidates just below the $ 117K resistance area.

The Green Decision Point Zone at $ 112K remains an important level to check. A retracement in this order block would not undermine the bullish prospect; Instead, it can offer a healthy correction for the next leg up. Maintaining above this base keeps the path open to Ath -Hersts.

Chain analysis

By Shayan

The transfer of BTC from miner work portfolios to exchanges has historically seen as a barometer of the delivery voltage. Peaks in my-to-exchange flows often coincided with market tops, because an increased distribution sale of added sales pressure.

Currently, the 30-day advancing average of the currency of the miner has fallen to the lowest levels in the short term. This drop suggests that miners reduce the distribution and can collect Bitcoin instead. Interestingly, this trend corresponds to the newest wave of Bitcoin above $ 115k, which strengthens a signal from bullish sentiment from miners.

In short, the combination of a technical structural shift and miner accumulation offers constructive prospects. As long as $ 112k applies, Bitcoin seems to be well positioned to maintain momentum and to set up another challenge for his all-time highlights.