⚠️ BTC Heavy Breakdown - Capitulation Zone! ⚠️
The weekly open brought extreme volatility. Bitcoin has broken down completely from its weekend consolidation, dropping heavily to the $71k region. The 4H RSI has crashed to 20.99, indicating severe oversold conditions and market panic. We are now looking for a capitulation bottom. Here is your essential data. 👇
$BTC Spot Levels (S/R) | June 2, 2026
Current Price: $71,204
📉 Support Zone (Potential Entry): $70,500 – $71,000
📈 Resistance Zone (Target): $72,200 – $72,800
Trading Plan:
👉 Plan A: If price holds the recent sweep near $70.6k and starts consolidating → look for deep value spot accumulation.
👉 Plan B: If the 4H structure breaks below $70,500 with strong volume → step aside completely; do not catch falling knives.
Risk Management: Invalidation = 4H candle close below $70,500.
(Spot only. NFA - Not Financial Advice).
#BTC #bitcoin #CryptoMarket #SpotTrading
