⚠️Bitcoin must not lose $54,450; otherwise, a bearish move with high probability is likely.

This is what the Alpha Price metric is showing. It identifies $65,300 as the next major short-term resistance and $54,450 as the critical support to maintain the bullish cycle.

The Alpha Price is a powerful metric that adjusts Bitcoin's value based on the average price investors paid and compares it to the market average. It helps determine if the current BTC price reflects the historical investment value, offering valuable insights into potential opportunities or risks.

Historically, when $BTC loses the third upper level, a bearish process forms. However, if it stays above this level, the bull run remains intact.

In summary, BTC is currently in a clear bull run, but the $54K region could drastically change the market outlook, as many addresses are starting to enter the loss zone.

Twitter @Alphractal