Analyst Says Understanding This Bitcoin Structure Is Like Having A Superpower

Source Bitcoinist

Crypto analyst CrediBULL Crypto has shared a confident view of Bitcoin’s current market setup, describing the ability to read high-timeframe (HTF) structures as a superpower. His comments came at a time when Bitcoin had experienced notable volatility, fluctuating between $106,000 and $111,000 in recent days. 

According to the analyst, those panicking over short-term dips are overlooking what is a very healthy long-term structure that still supports a bullish trajectory to new Bitcoin price highs.

The Superpower Of Reading Market Structure

CrediBULL Crypto explained that understanding HTF inflection points and market structures separates confident traders from those who react emotionally to every correction. According to the analyst, Bitcoin’s current setup is still structurally bullish, and its broader uptrend is intact, even if the price were to dip below $100,000. 

This outlook is in response to many crypto traders who are starting to turn bearish due to Bitcoin’s lack of strong bullish momentum in recent weeks. In his view, many market participants rely too heavily on external factors such as macroeconomic data or political events instead of focusing on what the charts are showing.

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He noted that chart literacy gives traders the clarity to stay calm during uncertainty. “Our HTF trend is intact and very healthy at current levels,” he wrote, stating that this is visible to anyone who understands how to properly identify market structure. To him, this ability is like a superpower, one that allows traders to see beyond noise and panic, focusing instead on trend integrity and higher-timeframe setups.

The Path To Higher Highs

CrediBULL Crypto’s comments were an extension of another post where he drew comparisons between Bitcoin’s current market behavior and its structure when it was trading around $58,000 in 2024. Back then, the invalidation level was set at $38,000, and even though Bitcoin dipped briefly, it never broke below that level before rallying above $100,000. He noted that the $74,000 level now holds the same importance that $38,000 did then, serving as a crucial line that confirms the continuation of the macro uptrend.

The analyst added that traders often misinterpret large invalidation ranges as weakness. However, he maintained that such levels are a normal part of high-timeframe analysis. Whether the gap between spot price and invalidation is 5% or 20%, the important thing is to stay consistent with the structure and not allow emotions to override logic.

CrediBULL Crypto’s chart projection outlines a continuation of Bitcoin’s larger-impulse fifth Elliott Wave. This large impulse wave is subdivided into smaller subwaves. The first subwave has played out successfully with a $37,500 move. 

The model implies that Bitcoin’s price could climb significantly higher once the current consolidation forms a confirmed higher low. The analyst projected the larger-impulse fifth wave at a peak price target of $200,000. He also marked $74,445 as the HTF invalidation zone, meaning any sustained move below that would negate the current bullish count.

At the time of writing, Bitcoin is trading at $111,120, up by 1.5% in the past 24 hours.

Bitcoin
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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