Bitcoin Sandwich: Resistance vs Support, Bearish vs BullBitcoin / TetherUSBINANCE:BTCUSDTMasterAnandaLet's look at Bitcoin's chart considering both, bearish and bullish potential. Also to try and describe what is currently happening from a detached perspective. Not to try to impose our wants and beliefs on the market but rather to try to clarify what is happening and what we can expect will happen next. If we look at the chart objectively, we are very likely to reach the right conclusion. —Price action Bitcoin found resistance at MA200. One challenge only. When this happened MA200 was sitting around $82,500. As this level wasn't conquered, Bitcoin is moving lower to build up strength. Strength can be built by removing weak hands thus the slow decline. If we look at the two most recent bearish impulses, October 2025 and January 2026, we can see a very fast decline. Market participants take profits and one click closes and entire position producing tons of sellers pressure—prices drop fast. On a cool off period, a retrace, we see a slow decline because the market is waiting for weak hands to leave. At some point, there is a strong shakeout to test the conviction of the remaining few then the market resumes with its trend. The current trend is bullish based on higher highs and higher lows since 6-February. Conclusion: Classic pause or retrace. Bitcoin is building up strength to challenge resistance once more in the form of MA200. MA200 this time has a reading of $80,300 and this makes it easier to break on the way up since the last high was ~$83,000. —Bearish scenario But what about the bearish scenario? We want a positive outcome but we do not want to be blinded to other scenarios, Bitcoin's bearish potential. MA200 was challenged only once. This is a very strong and important level. If Bitcoin were to move to produce new major lows through a bearish impulse, this level needs to be tested again as resistance and it needs to hold. Bitcoin's price is just too strong currently to take the bearish crash scenario too seriously. Let's consider the relevant support levels. Immediately $74,000 works as support and this level is still active. It would be a joke to consider a bearish Bitcoin while Bitcoin trades above $70,000 on the daily, weekly and monthly timeframes. Before considering a major crash scenario, Bitcoin would first need to break and close daily and weekly below $70,000 - $68,000. If Bitcoin is trading above these levels, the chart and market conditions are extremely bullish. The last rise started 29-March from a low of $65,000. Add to do this the previous higher low from 24-Feb, $62,510 and you have the main support levels. While technically a break below $60,000 needs to happen for all bullish potential to be nullified and completely invalidated, if Bitcoin were to move and close below $65,000 weekly then worst case scenarios can be considered. If Bitcoin moves daily below $62,500 then we can talk about lower levels as many people mention, but these are not in play now. Right now, we have a bullish structure that is consolidating a three months long rise. After such a prolonged period of growth, it is natural to see some consolidation. The market—Bitcoin—continues 100% bullish based on technical analysis. We can expect additional growth. As Bitcoin moves sideways, you can see many altcoins continue to break-up. Namaste.