Bitcoin price is testing a key area after one chart showed a confirmed downtrend breakout and another mapped a major resistance block just overhead. Together, the setups suggest the next move could decide whether Bitcoin builds on its recovery or faces another rejection.
Bitcoin Breaks 2026 Downtrend as Chart Points to $74.4K Trigger
Bitcoin has moved above a descending trendline on the chart shared by analyst Gert van Lagen, a shift that may mark the end of the 2026 downtrend phase. The setup follows a classic bump and run structure, where price first trends lower in a lead in phase, then forms a deeper bump phase before attempting a breakout. In this case, the chart shows that Bitcoin already pushed through the downtrend line and then returned to test it from above.
Bitcoin Bump and Run Pattern. Source: Gert van Lagen
That retest matters because it can confirm former resistance as new support. After the breakout, price pulled back toward the broken trendline but held above it instead of falling back into the prior structure. As a result, the chart suggests that buyers are defending the breakout zone rather than giving up control.
The next level to watch stands near $74,400. According to the chart view, a move above that area with strong volume would confirm the start of the so called uphill run, which is the final phase in the pattern. If that happens, momentum could strengthen as traders treat the breakout as validated.
Volume also plays a central role here. The chart shows activity rising during key turning points, especially around the sharp selloff and the rebound that followed. For the latest breakout to hold, buyers would likely need to support the move with another increase in participation. Without that, price could stall near resistance or drift into another retest.
At the same time, the structure remains sensitive to failure. A second retest of the broken trendline would not fully cancel the pattern, but it would weaken the immediate bullish case and delay confirmation. For now, however, Bitcoin has completed the breakout and first retest, putting focus on whether price can clear $74,400 with conviction.
Bitcoin Enters Key Decision Zone as Chart Maps Rejection or Breakout Path
Bitcoin has moved into a major resistance area on the chart shared by Crypto Patel, where the next price move could shape the broader trend. The setup shows that price rebounded strongly from a lower support base and then pushed into what the analyst marks as Bearish Order Block 1. That zone sits between roughly $74,567 and $79,289 and now acts as the first major test for bulls.
Bitcoin Order Block Levels. Source: Crypto Patel
The chart suggests this area could decide whether the recent recovery extends or fades. If Bitcoin fails here, the structure would still favor another move lower and could open the way for a fresh yearly low. That risk remains in play because the market is still trading inside a broader lower high pattern, and the current move has not yet broken the larger bearish structure.
At the same time, a clean break above this first order block would shift attention to the next resistance zone between about $86,000 and $90,600. The chart labels that area as Bearish Order Block 2, which means sellers could again become active there. Even so, reaching that region would signal that buyers had already absorbed the first resistance layer and regained more control.
The chart also places major importance on the area above $90,600. A higher time frame close above that level would mark a change of character and strengthen the bullish case. In that scenario, the market structure would begin to open the path back toward all time high territory rather than another lower high rejection.
For now, the main signal is structural, not emotional. Bitcoin has entered a zone where rejection would support the bearish trend, while a breakout would hand momentum to buyers and expose the next resistance band.
