Don't go on the Edge of 🔪 🗡️ Knife
📉 Bitcoin: This Isn’t Just a Dip — It’s a Broken Structure
The hardest part of a prolonged downturn isn’t taking losses — it’s controlling behavior after the trend breaks. Bitcoin has repeatedly trapped traders into “bottom-fishing,” where every drop looks like the low, but ends up being just another step lower.
From the $97K peak, BTC lost key supports at $86K and $73K, slid toward $60K, then bounced into the $66K–$76K zone. The problem isn’t the percentage decline — it’s the structure. Price keeps printing lower lows, showing buyers still lack real strength.
On the weekly chart, BTC has now fallen below both MA50 and MA100, confirming the long-term uptrend is broken. This is no longer a healthy pullback. Momentum has shifted bearish.
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Historically, when Bitcoin trades below these moving averages, it usually needs extended consolidation or further downside before a real bottom forms.
👉 Conclusion: Catching falling knives is dangerous. Until structure is reclaimed and higher highs return, patience beats prediction. Preserve capital first — opportunities come later.