MARKET UPDATE: $BTC
The monthly candle has now closed below the long-term ascending trendline, confirming a structural break.
Bitcoin closed around $76,000, breaking a trend that had held for over a decade, with price now ~20% below the recent highs. This is no longer a wick or intraday deviation. The close confirms loss of long-term momentum.
From here, downside extensions become more probable than an immediate trend continuation, unless price can reclaim the $80,000–$82,000 zone decisively.
Structure has shifted.
BTCUSDT
Perp
74,686.8
-4.90%
CYSUSDT
Perp
0.3129
+0.74%