Bitcoin Finds Strong Support – Is a Reversal on the Horizon?

hello guys

Bitcoin recently completed a crown pattern, a bearish reversal formation that signaled a downward move. As expected, BTC followed the pattern structure and reached its target.

Currently, the price has touched two critical technical levels:
✔ The balance line – A key horizontal support zone
✔ The ascending trendline – Acting as dynamic support from previous lows

This confluence of support suggests that BTC might be at a potential reversal zone. However, while the conditions seem favorable for an upward movement, we need additional confirmation. Possible bullish signals to watch for include:

A strong bullish candlestick pattern (e.g., engulfing, pin bar)
Increased buying volume
A break above the nearest resistance level
If BTC maintains this support, we could see a recovery towards $90K+ levels in the short term. Otherwise, a breakdown below the trendline may trigger further downside.