🚨 $BTC CRASH TOO SOON? TECHNICALS SCREAM LONGER PAIN!
$BTC hit $60k, a 50% drop from the $126000 ATH, but it happened way too fast based on historical cycles.
• This aggressive drop is hitting the 1W MA200 support zone.
• 1W RSI is oversold (below 30.00).
• Historically, this setup means the bear cycle isn't over. We are only 17 weeks post-ATH.
Expect further downside testing toward $48000 by May-June 2026, potentially even lower if the 4-year cycle holds true for an October 2026 bottom. Don't expect a quick rebound.
#BTCTarget #CryptoAnalysis #BearCycle #MA200
📉

BTCUSDT
Perp
70,155.8
+3.17%