🚨 My Current Bitcoin View
I'm still operating under the idea that #Bitcoin entered a bear market structure back in late 2025, and so far the price action continues to support that outlook.
The most important level on my chart right now is $58,000.
If that support breaks decisively, the next major downside zone sits around $51,750, and at the moment I consider a move into that area highly probable.
There's also a larger Head & Shoulders structure that projects a potential target near $41,500 if the bearish pattern fully plays out.
That said, I'm watching $48,500 very closely. Historically, this area aligns with strong long-term investor interest and could attract significant demand.
My expectation 👇
• A move below $50,000 is possible
• A sharp wick under that level would not surprise me
• However, I don't expect Bitcoin to spend much time below $50,000 if buyers step in as anticipated
Markets rarely move in straight lines, but as long as key resistance levels remain unreclaimed, caution remains justified.
What's your outlook for Bitcoin over the next few months? 🤔👇