Bitcoin is showing renewed strength after resuming the $70,000 level, a move that helped stabilize sentiment after weeks of high volatility and uncertain market direction. The recovery comes at a time when several structural indicators are turning in favor of a constructive market environment, indicating that the recent correction may be moving into a new phase.
According to Axel Adler’s analysis, for the first time in almost three months, a number of modes and structural indicators have simultaneously moved into positive territory. The report highlights the behavior of Bitcoin’s mode rating, a composite metric that includes several market variables, including receiver imbalances, open interest pressure, funding rates, ETF flows, exchange flows and price trends. The score is adjusted on a scale of -100 to +100 to determine changes in market conditions.
On February 7, the regime’s score fell to -47, the lowest reading recorded in the past year. In comparison, the market bottomed in November 2025 at -37 and took 33 days to recover to neutral territory, while the August low of -35 was reversed in just 11 days.
But in the current period, the recovery happened in about 25 days. By March 4, this indicator has risen to around +0.98, which indicates a possible transition from the recent bearish regime.
Structural indicators are testing as key resistance for Bitcoin
Adler further notes that structural price signals are now aligned with mode indicators, reinforcing the importance of Bitcoin’s recent recovery from $70,000. One of the key metrics highlighted in the report is Structure Shift, a quick signal designed to capture short-term changes in market structure.
The Shift Structure set ranges from -1 to +1 and includes several elements of price behavior, including momentum, the sequence of price movements, and the asset’s position relative to its exponential moving average. At the same time, the Donchi channel supports the framework to identify current technical boundaries, placing resistance near $73,698 and around $62,981.
Earlier in the period, the relationship between these indicators followed a different form. In January, the structural change signal went above zero in a sharp move from -0.05 to +0.57 on January 2, but only after the Regime score had already been stable for several days. This confirmation was followed by a rally that eventually pushed Bitcoin to the $97,000 area.
The current transition has developed differently. Between March 2nd and March 4th, both structure change and regime scores simultaneously moved into positive territory. With the structural change now near +0.56 and the Mode at +0.98, this coordinated change suggests that the recent move to $73,000 may indicate a broader structural transition rather than a temporary short squeeze.
Bitcoin recovery efforts above long-term support
The weekly chart shows Bitcoin trading near $72,800 after recovering from a sharp correction that pushed the asset below the $65,000 area in 2026. After a long rally that took BTC above $110,000 at the end of 2025, the market has entered a corrective phase and is seeing an increase in dominance.
The recent decline forced Bitcoin to briefly break below its 50-week moving average, a level that previously served as dynamic support throughout the bull run. However, the recent weekly candles show that buyers are trying to recover this level, which is now near the $70,000 area. Holding above this area is technically important as it often serves as a structural pivot during mid-cycle consolidation.
Below the current price, the 100-week moving average is located in the middle of the $60,000 area, while the 200-week moving average continues the uptrend near the high $50,000 area. These levels form a broader cluster of long-term support that could help stabilize the price if volatility returns.
From a structural perspective, Bitcoin remains within the macro bullish range despite the recent correction. The market is now trying to make a lower low than the 2024-2025 advance.
If BTC successfully consolidates above $70,000, the next resistance zone could emerge near $85,000, where the previous breakout gained momentum earlier this year.
Featured image from ChatGPT, chart from TradingView.com
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