$BTC CLOSED WEEK UNDER $60,000 – FAKEOUT OR REAL BREAKDOWN? 🔥
Bitcoin closed the week below $60,000, a level that previously held as support. Volume spiked 45% on the breakdown, signaling institutional participation in the move lower.
Spot ETF outflows hit $1.79 billion last week, the third-highest weekly total on record. Until price reclaims $60k, the bias remains bearish with the weekly fair value gap at $68k–$72k as key upside resistance. If sellers persist, the first major demand zone sits at $45k–$52k. Are you waiting for a reclaim or positioning for a deeper drop?
Not financial advice. Always manage your risk.
#BTC #Breakdown #WeeklyClose #SupportLoss #Crypto ⚡