Watching Bitcoin right now and there are two charts I've been keeping an eye on that might tell us something about where this crypto bull run could go next. One analyst has been tracking these old support zones where long term holders originally bought in, and honestly the levels are pretty interesting. We're talking around $48,387 where the realized price sits, and then deeper down near $36,657. The idea is that Bitcoin has historically bounced hard from these exact zones before launching into new cycles. Right now BTC is sitting around $66.6K so we're still well above those levels, but if we do see a sharper pullback into those ranges, that's apparently where the real dip buying could start happening. The chart showed multiple times in the past where this pattern played out. The second setup I'm looking at is more of a short term thing. Bitcoin is currently trading inside this rising wedge pattern on the daily, and there's a specific zone near the lower support line that traders are watching closely. If price dips to that area while the bullish structure holds, it could set up a better risk to reward for people looking to add positions. The key invalidation levels are marked below that lower trendline, so that's where stop losses would likely sit. Above us there's resistance at the 50, 100, and 200 day moving averages that could cap any bounce. There's also some dense liquidation clusters showing up on the heatmap, which means volatility could stick around either way. So the real question is whether this crypto bull run momentum holds and we see support defend, or if we're heading down to test those deeper zones. Either way, these are the levels I'm monitoring.

BTC-3.25%
MMT-1.56%
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