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Joao Wedson: Yearly open remains a resistance level after CZ message

Joao Wedson: Yearly open remains a resistance level after CZ message
Yearly open seen as resistance level

Joao Wedson observes that the yearly open has acted as a resistance level in current market conditions.

He also indicates that the recent message from Binance founder CZ is difficult to ignore, suggesting its relevance to market sentiment.

Wedson previously identified a 72 percent similarity between the 1H and 4H BTC timeframes around the October 2025 all-time high, as detailed in prior analysis. He also analyzed whether Bitcoin would fall below the long-term holder realized price or if that level has become lasting support in a separate report. These earlier studies provide additional context to his current observations on resistance levels.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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