Bitcoin traded above $79,000 as a CryptoPatel chart on X placed BTC at a key decision zone near $79,400. The analysis focused on structure, resistance, and lower support levels. The chart marked Bitcoin near “Bearish OB 1,” a bearish order block around the $79.4K area. It also showed the price testing a confluence zone after recovering from lower levels. According to the analyst, BTC now sits at a pivot point. Structure may decide whether the market extends higher or returns toward the lower range.
The analyst said a daily close above $80,000 would become the first key signal for bulls. The chart then points to a higher-timeframe change-of-character level near $97,900. A reclaim of the $97.9K ChoCh level would mark a bullish shift, based on the posted analysis. The chart also places $90,000 liquidity in play under that scenario.
For now, the $79.4K zone remains the first area to watch. A strong close above $80K would keep attention on the upper structure shown on the chart.
The same analysis warned that rejection from the bearish order block could send BTC back toward the $68,000 range low. That level appears as a major support area on the chart.
The chart also shows a rising channel from the February low into April. Price recently moved toward the upper side of that structure before testing the bearish order block.
If BTC loses momentum at the current zone, traders may look for a retest of the lower channel area. The $68K range is low, then becomes the next major level.
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The analyst said a lower-timeframe break of the $68K structure would weaken Bitcoin’s setup. That move could trigger a sweep toward the $59,800 BOS level.
The chart places another key support near $61,000, with a lower red zone around $59,800. A break there would shift focus toward deeper downside levels.
CryptoPatel’s note added that a sub-$50K area opens if Bitcoin breaks that structure below. The analysis described the setup as technical analysis only, not financial advice.
Bitcoin remains at a key technical point as the $79.4K pivot shapes short-term direction. A daily close above $80K could strengthen bullish momentum, while rejection may bring $68K support back into focus. Traders should watch the structure closely before expecting a wider move.