1️⃣ Current Market Structure (BTC Price Action)
Since the beginning of the drop, BTC’s movement has been unclear.
The daily candle closed with a noticeable wick, which signals that sellers are present but momentum isn’t fully decided yet.
Right now, Bitcoin is trading inside a strong supply and demand zone.
There is heavy selling pressure and strong buying pressure at the same time.
This means the market is sensitive — any major news can push BTC sharply up or down.
The move from 60,000 to 72,000 looked strong, but realistically it only recovered a small portion of the previous drop. That makes it a weak bounce, not a confirmed reversal.
Suggested Image:
Daily BTC chart showing the 60k–72k bounce with supply & demand zones highlighted.
2️⃣ USDT Dominance (USDT.D Analysis)
On the 1D chart, USDT.D is showing signs of a new rebound.
If USDT dominance rises, it usually means capital is flowing out of crypto — which is bearish for BTC.
Key levels:
Current area: 7.890
Break below 7.700 → Bullish for BTC (possible breakout above 72k)
Target if weakness continues: 7.357 → 6.980 → 6.875 (liquidity zones)
On the 4H timeframe, there is short-term buying momentum, but the bigger structure still favors caution.
Remember: USDT.D down = BTC up
USDT.D up = BTC down
Suggested Image:
USDT.D 1D chart with 7.700 and 7.357 levels marked.
3️⃣ Bitcoin Trend & Key Levels
The most important tool here is the Gann trend line.
Currently both BTC and USDT.D are in upward trends, which creates conflict and volatility.
Important levels:
69,500 breakout → Short-term positive
72,000 breakout → Next move toward 76,000
76,000 → Possible move to 79,000
If BTC fails to hold above 67k, we may see:
67k → 60k retest zone
If 60k is revisited, the bounce could be sharp and fast — just like the previous reaction from that level.
Suggested Image:
BTC chart with trend line, 69.5k breakout level, and 60k support zone marked.
4️⃣ RSI Analysis (Momentum Weakness)
4H RSI is currently bearish.
Price dropped from 69,400 to 68,400 quickly — confirming short-term weakness.
Key RSI levels:
41.97 → If rejected, more downside
39.35 → Break = aggressive correction
35.00 → Oversold area (possible bounce zone)
On the Daily RSI: Liquidity is clearly weaker compared to previous rallies.
If RSI breaks below 30 while BTC breaks 67k, that confirms strong bearish pressure.
Suggested Image:
RSI indicator screenshot showing 4H levels (41.97 / 39.35 / 35).
5️⃣ Why 60,000 Is Still a Real Scenario
Many investors are waiting for 60k.
Global markets remain fragile due to:
Political tensions
War risks
Weak liquidity
Economic uncertainty
Federal Reserve decisions
Last time the Fed paused rates, BTC dropped from 97,800 to nearly 60,000 — almost 30% erased in less than a month.
ETFs are currently under pressure.
If BTC revisits 60k, large institutions may accumulate again — creating a new base for a bigger move later.
Scenario: 60k retest → Accumulation → Sideways movement → 70k → 80k → 90k → possible 120k expansion.
Remember:
Today 69k.
Tomorrow 190k.
In crypto, sharp drops can either be a trap… or the beginning of accumulation.
Suggested Image:
Comparison chart showing 97,800 drop to 60,000 with % decline highlighted.
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