Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin’s technical structure is flashing a rare and powerful signal. Despite a recent price dip, a bearish-sounding Death Cross has just triggered precisely at a major structural support, the lower boundary of a long-term pattern. This bullish confluence, where historical market bottoms align with key technical support, suggests that the correctionis complete and a significant upward bounce is imminent in the short term. $100,460 Range Low Now Flipped Into Key Resistance
BTC has officially lost the range low and slipped to the $96,000 area, according to Lennaert Snyder, who outlineda clear game plan for the days ahead. He noted that the former range low of $100,460 has now flipped into a key resistance level, shaping the next phase of market behavior. Related Reading Bitcoin Rejection Was No Accident — Now The Battle Shifts To $93,000–$97,000 Survival Zone 23 hours ago
Snyder explained that if Bitcoin retests the $100,460 mark, the reaction will determine the next move. A rejectionat that level would favor short setups, while a successful reclaim would open the door for bullish opportunities. The next key resistance BTC must make | Source: Chart from Lennaert Snyder on X
Should BTC reclaim the range low, Snyder expects bullish momentumto kick in, with the first target sitting near the $103,460 resistance area. A push into that zone would signal that buyers are regaining meaningful control over the market.
Despite the recent drop, Snyder emphasized that there’s still plenty of liquidity and support below current prices while watching for deeper tests that could provide long entries once reversal signals begin to form. Overall, the market remains technically clean, and price action continues to respect every level with precision. Death Cross Triggers At Megaphone Support — Timing Could Be Perfect For Bitcoin
According to a recent postby Colin Talks Crypto, Bitcoin has just flashed a major signal, the Death Cross, which has historically aligned with marketbottoms rather than tops despite its ominous name. What makes this even more compelling is its perfect timing: the setup triggered at the exact moment BTC touched the lower boundary of its expanding megaphone pattern. Related Reading Bitcoin Crashes To $98,000 As HODLer Selling Accelerates 1 day ago
The expert noted that this scenario was projected weeks in advance, with mid-November marked as the window to watch. Right on schedule, Bitcoin has landed precisely where the analysis suggested it would.
Colin explained that death crosses often act as bottom markers at the tail end of downtrends. Pairing that with BTC hitting a major structural support gives the setup even stronger bullish undertones. It’s not just a technical coincidence – it’s a confluence backed by pattern behavior.
With these elements lining up, he believes the probability of an upward reaction from here is high. The chart structure now favors a short-term bounce, suggesting that Bitcoin could soon shift away from weakness and begin carving out a recoverymove. BTC trading at $95,870 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com