Bitcoin's Crucial Juncture: Analyst Pinpoints Key Support for Next Rally

Bitcoin's Crucial Juncture: Analyst Pinpoints Key Support for Next Rally

Noted crypto analyst Kevin, known as Kev Capital TA, recently informed his audience that Bitcoin's current price retraction aligns with well-established seasonal and structural patterns. He emphasized that the cryptocurrency's forthcoming significant movement largely depends on its ability to maintain a clearly defined support range. "Hold $107k to $98K," Kevin stated, identifying this zone as the pivotal point for the next phase of the bull cycle. "It's that simple." Speaking during a live stream on September 25, as BTC dipped to $108,651 amidst rising bearish sentiment, Kevin argued that this pullback should not come as a surprise to experienced traders. He positioned the present market activity within a broader context of caution that began in early August. During that period, he consistently highlighted weekly bearish divergences across Bitcoin, Ethereum, and the overall altcoin market (Total2), particularly as these assets approached what he describ…