#BTCUSDT
$BTC (Bitcoin) is hovering between $68,000 and $71,000, down nearly 45% from its November 2025 peak of $126,000.
Outflows from Spot Bitcoin and Ethereum ETFs have outweighed inflows this week, signaling a "wait-and-see" approach from Wall Street.
🛑 The "Break" Levels (Bearish)
If these levels fail to hold, analysts warn of a capitulation toward the 2024 lows.
$65,520 (Immediate Support): This is the 78.6% Fibonacci retracement level. A daily close below this effectively invalidates the recent relief rally and opens the door for a retest of the $60k floor.
$60,000 – $62,000 (Major Support Zone): This is the "Line in the Sand." It aligns with the 200-week moving average, which has historically acted as the ultimate cycle bottom marker.
Risk: A break here could trigger a "panic sell" toward $55,000 or even $52,000.
🚀 The "Make" Levels (Bullish)
For Bitcoin to confirm that the "February Crash" is over, it must reclaim these zones with high volume.
$70,000 (Psychological Barrier): Reclaiming $70k is the first step toward restoring retail confidence. Expect heavy "limit sell" orders sitting here.
$73,072 (The Trend Trigger): Breaking above this level on the 4H chart would signal that the current "lower-high" bearish structure is finally breaking.
$76,000 – $78,000 (Confirmation Zone): This is the ultimate objective. Reclaiming this range puts BTC back above the major EMAs and suggests a move toward $85,000 is next.
💡 Weekend Strategy
Expect "Sideways" with high-volatility wicks. Weekend liquidity is usually lower, meaning smaller trades can move the price more violently.
For Bulls: Look for a "double bottom" formation on the 1-hour chart near $66,000 before entry.
For Bears: $70,000 remains the primary area to look for short-side rejections.
