#bitcoin Price Z-Score MA200d shown a bullish divergence since December 2025, with the pattern finally forming in February 2026 when #BTC hit its recent low ~$60k
The target divergence is for indicator to reach 2.00 (overbought territory).
However, neutral zone (0) is the trend reversal point and if it is not breached, the formed divergence is completely ignored and #BTC price tends to continue previous movement (in this case, a corrective movement).
We will monitor indicator to find the signal, if it occurs. $BTC
Williams %R Oscillator Momentum #bitcoin is rising📈
A local bottom has been confirmed following a test of support channel.
The target is the overbought🔴region on the indicator as price #BTC reaches the Control Point ($78.6k) and a new test of resistance channel (~$81k–$86k) $BTC
Above the control point,up to resistance channel ($78,600–$86,000)🎯profit-taking orders from buys triggered in support channel are positioned #BTC $BTC
G a a h
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#bitcoin found demand in support channel ($76k–$71k)
If Control Point (~$78.6k) continues to act as resistance, #BTC price is likely to keep trying to fully fill the support channel — and buy orders.
Support Channel has only one type trade = BUY $BTC {spot}(BTCUSDT)
#BTC remains below Control Point (~$78.6k), testing resistance at lower range of reference channel.
As long as this setup persists, the price is likely to attempt fill 100% support channel ($76k–$71k) until it finds sufficient demand.
Keep in mind that the current support channel has been the main resistance for #bitcoin since February 2026.
Invalidation of this bullish structure occurs below old control point (~$68.6k), so we are only taking one type of trade here: BUY $BTC {spot}(BTCUSDT)