$BTC at a Decision Point; Worst Q1 in 8 Years?
Bitcoin is tracking toward its weakest Q1 performance in 8 years.
If February closes red, it would mark the first-ever consecutive red January & February in BTC history.
Seasonality is breaking. Structure is stressed.
Now levels matter.
📍 Key Zones to Trade
🟢 $59K–$62K — Macro Support
Major demand cluster + prior swing low.
As long as this holds, a relief bounce remains on the table.
➡️ Bounce target: $75K–$80K
🔵 $75K–$80K — Supply Zone
Previous breakdown area.
Expect heavy reaction here.
Rejection = Lower high setup.
Reclaim = Momentum shift.
🔴 Below $59K — Risk Escalates
Monthly close under this level opens downside toward:
• $52K liquidity pocket
• $45K macro consolidation zone
That would confirm broader corrective continuation.
📊 Momentum Check
Monthly RSI near historical bounce zones
Volume needs expansion for reversal confirmation
Watch Open Interest during breakdowns (short buildup vs. squeeze potential)
🧠 Summary
$60K is the line in the sand.
Hold it → Structural bounce possible.
Lose it → Deeper correction likely.
The monthly close will define Q2 trajectory.
Trade the levels. Not the emotions. BTCFellBelow$69,000Again