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$ONDO is starting to look like the kind of chart that gets ignored early and chased later
The entire structure revolves around one simple idea:
reclaiming the previous all-time high zone
Back in 2025, the market spent months building around the $1.15–$1.20 area before sellers finally took control
That level became the ceiling that defined the entire downtrend that followed
Then came the reset
A deep correction
A long bottoming process
And finally a breakout from the accumulation range near the lows
That’s the most important circle on this chart
Not the target
The breakout
Because major trends usually begin when price escapes a long period of boredom and compression
Since that breakout, $ONDO has been printing higher highs and higher lows while steadily working its way back toward the area that previously rejected it
The final objective sits around $1.40+, slightly above the previous ATH
And that’s what makes this setup interesting
Markets rarely stop exactly at old highs
They often overshoot them, trigger breakout momentum, and only then decide whether a larger trend is ready to begin
The chart isn’t showing a random moon target
It’s showing a full-cycle move:
accumulation → breakout → ATH retest
If $ONDO continues respecting the structure that’s already in place, the old high may end up being a checkpoint rather than the destination
The final extension of the retrace, or correction?, is now underway. We can call it a correction because it has been going for more than three weeks and the strength is quite enough. Bitcoin is bearish but the bullish bias, local uptrend and chart structure continues intact. There is room/space for Bitcoin to move all the way down to $60,001 and even wick below this level before the bullish structure becomes compromised. Do you think Bitcoin will move below $60,000 in the coming days or weeks? What about in the coming months? The daily RSI is already moving within oversold territory. Once it becomes red, a reversal tends to happen. The stochastic is also moving within oversold territory. The MACD entered the bearish zone and can move much lower. Only the MACD looks pretty bad. Conditions are mixed, good? Conditions support additional bearish action. Bitcoin can continue dropping for one day or two, for several weeks... Who knows. Based on what is happening across the rest of the market, this corrective move will result in a higher low. After the higher low, Bitcoin is set to move to reach a price tag of $100,000. The first resistance can be found at 80K. Support has been mentioned in a previous article. Thanks a lot for your continued support. Namaste. ✅ Trade here on $BTC #StrategyFirstBitcoinSale #BTC #BTCUSDTAnalysis #BTCUSDT #bitcoin
$BTC (1W) - Retest of the multi-month downtrend next?
BTC lost the 74K level on the weekly close.
That level acted as major support during the April bounce, but bulls failed to hold it.
BTC now looks on track for a retest of the multi-month downtrend around the 60K-65K region.
And here’s the important part: If BTC can hold that area and form a higher low there, this entire structure could still turn into a massive reversal setup on the higher timeframes.
The next weeks are important. This is where the market decides whether this was a breakout retest… or a failed reversal.
We want this $15 level to hold as support for the bullish scenario to come to fruition! Otherwise it's going to be a longer grind and we have to reconsider BUT it's not yet!