- Bitcoin’s breakdown from the ascending trendline confirms higher time frame bearish momentum, creating accumulation opportunities near $107K support.
- Short-term traders can target 5–10% scalp trades as volatility compresses, with $107K serving as a key pivot level.
- Long-term spot buyers benefit from patient accumulation in this bearish phase ahead of the anticipated next super cycle.
Bitcoin has entered a bearish trajectory on the higher time frame, signaling a shift in market momentum. Traders are closely monitoring critical support levels around $107K as the market navigates this phase.
Higher Time Frame Bearish Trend
Bitcoin’s recent breakdown from the ascending trendline indicates a clear shift toward bearish momentum. The failure to maintain the $112K support confirms this trend. Observers note that the higher time frame will remain bearish unless Bitcoin reclaims $111K to $112K.
Analysts suggest that this movement sets the stage for disciplined accumulation of spot tokens. Nishant Bhardwaj noted on X that this phase creates opportunities ahead of a potential super cycle. The current bearish period is seen as a strategic moment for long-term accumulation.
Short-term traders may find opportunities for scalp trades if $107K support holds. Bhardwaj highlighted potential 5–10% bounce trades in these zones. The combination of cooling RSI and horizontal support levels creates conditions for high-probability trades.
Key Support Zones
The $107K level now serves as the primary horizontal support for Bitcoin. Market participants are watching for potential rebounds in this zone. A successful defense of this level could trigger sharp but temporary price moves.
If the $107K support fails, alternative zones near $104K or $98.6K may act as next points of interest. Bhardwaj emphasized staying flexible to adapt to these levels. Traders are advised to monitor volume and price action closely in these zones.
Accumulation at these levels is considered favorable for spot buyers. The current market phase allows long-term investors to strategically build positions. The combination of a temporary bearish trend and supportive levels encourages measured buying strategies.
Momentum and Reclamation Zones
Until Bitcoin reclaims the $111K–$112K resistance, the market remains vulnerable to downward pressure. Achieving this level would break the lower high structure and signal renewed upward potential.
This temporary bearish environment is seen as a preparation for larger movements. Bhardwaj described it as a phase to accumulate ahead of the next major cycle. Traders and investors are advised to observe momentum indicators carefully.
Short-term opportunities coexist with long-term accumulation strategies. Scalpers can capture smaller bounces, while patient spot buyers can prepare for larger price swings. This approach aligns with a disciplined strategy based on support and resistance zones.
