Bitcoin support for 2 months has just turned into Resistance.

Bitcoin (BTCUSD) follows a very cohesive pattern throughout the current Bear Cycle, very symmetrical and easily distinguishable into phases. Currently, it has flipped again the MA50 1H ( blue trend line ) into Resistance, turning bearish in the short term.
But this is not its most important reversal recently. It is turning the February - March support into Resistance. Technically, the High-Low trend line up to 27 Maret has now been flipped into Resistance after the rejection on 01 April (, which also occurred at the MA50 1H.
With the 1D MA100 ( green trend line ) remaining as Resistance since 10 Oktober 2025, we can see BTC starting its 3rd bearish leg of the cycle so far. Even the 1D RSI is in the same place as the last week of Januari.
Considering that the previous two bearish legs dropped by almost the same amounts, -38.50% and -36.20%, we expect BTC to follow suit with at least another -36% drop from the 17 Maret high. As a result, we should see it targeting the psychological level of $50000, which in our view will initiate the long-term bottoming process. Note, this will not be the bottom, but the initiation of long-term accumulation and DCA strategies by long-term investors until the bottom after Musim Panas, which should not be much lower than that.

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