In my view, #Bitcoin $BTC has been in a bear market wbbsince November 2025, and the current price action indicates that the downward trend may not be over yet. If the established support around $58,000 fails to hold, the next key level to watch is approximately $51,750, which appears increasingly likely to be tested. Based on the Head and Shoulders formation, a potential downside target lies near $41,500. Meanwhile, strong long-term investor support is positioned around $48,500. Although Bitcoin could briefly dip below the $50,000 mark, I don't anticipate it staying under that level for an extended period. $BTC

BTC

79,324.01

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