Hello Traders!👋$BTC

What are your thoughts🧠on Bitcoin?

Bitcoin experienced a sharp sell-off over the past week, dropping aggressively to the $60,000 level a decline of nearly 50% from its all-time high.

As illustrated on the chart, this move followed a clear breakdown below the ascending trendline and the key $90,000 support zone, which accelerated bearish momentum.

At this stage, price action suggests that Bitcoin may be due for a corrective bullish retracement toward the highlighted resistance zone. This move would likely be a technical pullback rather than a trend reversal.

BTC
BTC
68,887.73
-2.39%

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