Bitcoin is facing heavy resistance at the boundary between the Transition and Acceleration zones, with multiple failed breakout attempts noted.
BTC has been rejected three times at the key quantile level of $105K, indicating stronger resistance compared to the last market cycle.
21st Capital emphasizes the reliability of the Acceleration zone boundary as a technical and behavioral barrier, with a potential rapid expansion phase upon clean breakout.
Looking forward, positive liquidity regime expected in Q3 and Q4 aligns with breakout potential as per the cycle model, although the current setup remains uncertain with a 60% risk score.