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supportlost
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$BTC BREAKS BELOW 60K – STRUCTURE SHIFT IN PLAY ⚡
The six‑handle has been lost on a top‑tier exchange, with the daily candle closing below the 60,000 zone that held as support since March. Volume spiked on the breakdown and the wick shows a failed attempt to reclaim—this is a clear break of structure.
Momentum is firmly bearish here. A retest of the breakdown level would likely attract fresh supply. Are you shorting this or waiting for a bounce to short?
Not financial advice. Always manage your risk.
#BTC #Breakdown #SupportLost #TechnicalAnalysis
⚡
The six‑handle has been lost on a top‑tier exchange, with the daily candle closing below the 60,000 zone that held as support since March. Volume spiked on the breakdown and the wick shows a failed attempt to reclaim—this is a clear break of structure.
Momentum is firmly bearish here. A retest of the breakdown level would likely attract fresh supply. Are you shorting this or waiting for a bounce to short?
Not financial advice. Always manage your risk.
#BTC #Breakdown #SupportLost #TechnicalAnalysis
⚡
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