Each major expansion has been followed by a corrective range, sweeping below key Fib extensions before continuing higher. In this cycle, price tapped the *1.618 extension around 66.5K* and wicked toward the *2 extension near 57K*, marking a high-probability macro support reaction zone.
That reclaim above *70K* keeps the higher timeframe structure intact.
For continuation, price needs • sustained acceptance above *70K–72K* • reclaim of *95K–100K*, which opens room toward the upper trend channel
As long as Bitcoin holds above the *66K–57K macro support band*, this looks like another structural reset within a broader uptrend, not a cycle top.
History shows correction → accumulation → expansion.
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#Bitcoin is repeating a familiar cycle structure.
Each major expansion has been followed by a corrective range, sweeping below key Fib extensions before continuing higher. In this cycle, price tapped the *1.618 extension around 66.5K* and wicked toward the *2 extension near 57K*, marking a high-probability macro support reaction zone.
That reclaim above *70K* keeps the higher timeframe structure intact.
For continuation, price needs
• sustained acceptance above *70K–72K*
• reclaim of *95K–100K*, which opens room toward the upper trend channel
As long as Bitcoin holds above the *66K–57K macro support band*, this looks like another structural reset within a broader uptrend, not a cycle top.
History shows correction → accumulation → expansion.
The structure remains constructive.$BTC