đš $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.
âą This aggressive drop is hitting the 1W MA200 support zone.
âą 1W RSI is oversold (below 30.00).
âą 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
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