Bitcoin's Chart Suggests Path to $90K via Higher Low

The long-term chart of Bitcoin shows a recurring sequence of rally, consolidation, downside liquidity sweep, and renewed expansion. This pattern is currently developing between $60,000 and $84,000, following the decline from the chart's major high near $124,000, $126,000.

A historical comparison to 2023 shows a similar structure, with price levels and sequence mirroring each other in form, although the present structure is occurring at substantially higher nominal BTC prices. This suggests that Bitcoin may be following a predictable pattern.

The current structure has several key levels: $70,000, $72,000 as a major zone below the current price, $84,000 forming the next marked level above price, and the mid-$90,000s as the next projected expansion area. The projected sequence is upper $80Ks → lower $70Ks → upper $90Ks → lower $80Ks → $120Ks.