🚨 BTC at a Critical Crossroad
Bitcoin has broken below its multi-month ascending trendline with strong selling volume, shifting market structure from bullish to neutral-bearish.
🟢 Long Scenario
$60K support holds
Buyers reclaim momentum
RSI oversold bounce unfolds
Targets: $65K → $70K → $75K
🔴 Short Scenario
Daily close below $60K
Support flips into resistance
Selling pressure accelerates
Targets: $55K → $50K → $45K
📊 Key Takeaway:
Trendline: Broken ❌
Volume: Bearish ❌
RSI: Oversold ⚠️
$60K: Make-or-break level 🎯
Above $60K favors a recovery. Below $60K opens the door to a deeper correction.
BTCUSDT
Perp
65,936.4
+0.34%
ETHUSDT
Perp
1,777.6
-0.15%
BNBUSDT
Perp
607.72
+0.36%