Bitcoin, the danger signal has been lit ⚠️
Let me be direct, this round of decline is not just a "normal pullback," but a key signal that may change the medium-term trend.
On Friday, BTC plummeted over 7% during the day, directly crashing to $65,700, hitting a three-week low. Many people are still waiting for a rebound, but the market has given a very clear answer: at this position, if it can't hold, the sky will change.
Since the crash in February, Bitcoin has been trapped in the range of 65,000—72,000, oscillating. The current question is not "will it fall," but rather—where will it stop falling.
If the boundary of 65,000 is effectively broken, I believe the market will very quickly give the next action:
👉 6%—10% accelerated decline
👉 Target range: $60,000—$62,000
What makes me more vigilant is the structure.
BTC has formed a nearly two-month bearish flag pattern on the daily level and has repeatedly tested the lower edge. At this position, once it loses, it essentially means—pattern confirmation, trend continues downward.
Looking at momentum:
The upward trend of RSI has been broken, and momentum is continuously weakening.
This is not an adjustment; this is "weakness."
I can even say something that many people are reluctant to hear:
👉 This round of decline is a matter of time, not a matter of probability.
History does not simply repeat itself, but it does rhyme.
Over the past 10 years, after Bitcoin breaks below the long-term holders' cost and its -0.2 standard deviation range, it often experiences a deep retracement of 30%—45%.
Where is the corresponding key range?
👉 $48,000
👉 Around $36,000
This is the real "buying zone before a bull market."
Another key point that many people overlook—200-week EMA.
BTC has once again broken below this long-term lifeline, and it is turning it from "support" into "resistance."
If the weekly close confirms a break this week, it means:
👉 Medium to long-term structure begins to weaken
Don’t be misled by short-term rebounds.
What truly determines the direction is the weekly close.
To summarize my view, it’s very simple:
• 65,000 is the lifeline
• Breaking below = accelerated decline
• 60,000 is just the first station
• A deeper retracement is completely possible
The market never rewards fantasies, only rewards those who are prepared.
Next, focus on one thing:
👉 This week's BTC weekly close
This is the key battle that determines the fate of the next phase.
$BTC #BTC行情