BTC – DEJAVU Pattern: Top Formation or Next Leg Higher?

BTC – DEJAVU Pattern: Top Formation or Next Leg Higher?

Idea Description

Bitcoin is showing a DEJAVU pattern similar to previous bull run tops, with price structure replicating past cycle behavior. The critical level to watch is 111,900 on the daily timeframe.

A close below 111,900 could open the door for a dip toward 101,000 and possibly 93,000 if weakness continues.
However, if BTC defends this level and reclaims 116,500–118,000, the bearish outlook is invalidated, and we may see a push back toward 124,000+.

BTC is at a make-or-break zone, and upcoming daily closes will decide whether this is a distribution top or a continuation setup. Traders should stay flexible and manage risk accordingly.

What do you think?
Is BTC forming a cycle top here, or is this just a healthy correction before another leg up?
Share your thoughts and let’s see which side the community is leaning toward

📊 Quick Poll:
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