🚨 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.

$BTC

BTC
BTCUSDT
61,178.1
-4.13%

$ETH

ETH
ETHUSDT
1,636.57
-2.83%

$BNB

BNB
BNBUSDT
585.86
-2.59%

#BTC #Bitcoin #cryptotrading #BinanceSquare #Write2Earn