BTC tests support after the 12-hour Megaphone formation

2026-02-09 00:00:56

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BTC has formed a clear megaphone pattern on the 12-hour charts, and the support zone of this pattern has been successfully tested. The megaphone pattern is a technical formation commonly seen in the crypto market that provides reliable signals. In particular, the validity of the pattern is confirmed after support levels are tested.

Technical Structure of the Megaphone Pattern and Support Levels

The main support zone of the megaphone pattern is located at 48-49K. Testing this level and the price bouncing back from here indicates that the pattern is built on a solid foundation. As we predicted, the price rebounded from this support zone and initiated an upward trend. While the current BTC price is around 70.47K, it is evident that the pattern remains valid, and the target levels determined by the technical structure are being followed.

Target Price Levels and Resistance Zones

The first target in the expected movement direction of the megaphone pattern is in the resistance zone of 69.8-71K. If this level is surpassed, the second target zone of the pattern points to the 73.7-74K range. These target levels are calculated based on the theoretical measurements of the megaphone pattern and market dynamics. The fact that the current price position is very close to the first target zone supports the accuracy of the analysis.

BTC-0,88%

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