Recent analysis reveals growing anxiety among Bitcoin investors as they contemplate a potential price crash following the market’s recent surge. Despite concerns, key structural elements in the market remain crucial for supporting prices and triggering another bullish phase. Shayan explored these elements in his latest report on Bitcoin’s technical outlook. The Daily Chart details this trend with Bitcoin breaching multiple resistance levels to surpass $124K and set a new all-time high. However, a recent break-down from the long-term ascending channel has led to a downward movement towards the critical $110K-$112K support zone aligned with the 100-day moving average. The market’s reaction to this level will likely shape the trend for weeks and months ahead, as it stands as a make-or-break area that could trigger a deeper correction or fuel another bullish rebound.