š BTC Downside Breakdown ā Bearish Scenario
Bitcoin has lost major support and is forming lower highs and lower lows ā confirming a strong bearish trend.
š» If selling pressure continues, BTC could move toward:
ā¢ First support: 60,000
ā¢ Next zone: 58,000 ā 56,000
ā¢ Strong demand area: 52,000 ā 50,000
Any bounce is likely a temporary pullback unless price reclaims key resistance.
Trend: Strong Bearish Continuation
Expectation: Further downside likely
BTC
70,895.47
+2.22%
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