$BTC WEEKLY CLOSURE UNDER $60K – STRUCTURE SHIFT IN PLAY 🔥
The weekly close below $60,000 marks a fresh lower low on the weekly chart, breaking the higher low sequence that held since the October 2023 rally. This is the first time price has settled under this psychological level after testing it multiple times over the past month.
The structure break suggests sellers are building conviction at these lows. Volume on the weekly close was elevated, confirming the shift. Momentum is tilted bearish until a clear reclaim of $60k occurs on the weekly timeframe.
Are you scaling into shorts or waiting for a daily reclaim signal?
Not financial advice. Always manage your risk.
#BTC #Bearish #StructureBreak #CryptoAnalysis #WeeklyClose ⚡