Ultimate support zone Bitcoin / US DollarCOINBASE:BTCUSDshervanshafieeLooking at Bitcoin’s history, the 50-week SMA has repeatedly acted as a major support level, particularly during the recovery phases following major cycle bottoms. We saw a strong reaction around this area in 2019 after the 2018 bear-market bottom, and again in 2023 following the 2022 cycle bottom. Now, in 2026, Bitcoin has once again reached this historically significant support zone—and we’re seeing a strong reaction from it. If you look closely at the lower timeframes, the price action around this support appears to be forming a pattern very similar to the reactions we saw in those previous cycles. What makes the current setup even more interesting is that Bitcoin has also pulled back into the previous cycle’s key 2017 ATH / 2022 market-structure region, where we’re seeing another sharp reaction. When you put all of these factors together—the historical 50-week SMA support, the reaction around the previous cycle’s key levels, and the similarities in lower-timeframe price action—I believe there is a strong possibility that this could be the beginning of a new impulse wave. Of course, the market still needs to confirm the structure, but historically and technically, this is a very interesting area to watch closely. 📈 #bitcoin