BTC - At Key Decision Point Bitcoin / TetherUSBINANCE:BTCUSDTVIAQUANTThis idea will update two of my previous ideas. The first is the completion of Bitcoin's rise into my "Main Target" zone: I have had these levels outlined since early March, so seeing Bitcoin starting to lose steam at the $82,000 level is not something to take lightly. On the macro, this "Main Target" between $82,000 and $85,000 is still likely where the next lower high will form, if it has not already been formed. According to the micro market structure though, it is decision time for Bitcoin. This decision will either give Bitcoin one more push toward the $83,500 to $84,800 region, or confirm that the upper range has been rejected and price will revisit the $74,800 to $75,600 region. How will we know which way it goes? I have a post outlining that micro structure here: Just as predicted in that idea, price followed the structure almost perfectly. Price fell from the trendline to the red line at $79,500 on May 7th, then rallied all the way back to $82,400 before getting rejected again. Price has now found a low just slightly above the green box outlined in that idea as the "LTF Demand Zone." This remains a strong support region and could give bulls the fuel for one more push to the upside to liquidate any overleveraged shorts before the next move to the downside begins. However, the most important thing to focus on right now is the higher timeframe closes around the $79,500 level. If price continues to close candles at or near that level then the upside momentum is still intact. But if the closes fail and bears start using that level as new resistance to offload, that is when you will know the short term trend has flipped and a move back toward the mid to low $70,000s will begin. In the current chart, I have outlined every significant support/resistance test with white arrows in my "Key Zones". Hopefully that gives you some clarity within the structural ranges. I will continue to update these charts as developments occur.