📊 Bitcoin Update $$BTC
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If we were in normal conditions, it was expected that the current area would be just a retest of the formed bottom
But what we are experiencing now is completely different
Negative news continues without interruption, and it has become the dominating factor more than technical analysis
What do we see currently?
In the short term, Bitcoin failed to record a peak higher than the peak of 72K
And formed three consecutive descending peaks (marked in red)
This is a very negative pattern, because it means:
🔻 With any negative news stimulus
And a clear break of the 60K area
We may see a violent selling rush
In clearer terms:
Breaking 60K in the current form + strong negative news
Could push the price within days to the 50K – 49K area
Especially since the market was supposed to give a slight speculative rebound that draws a speculative upward structure for the eighties
But the price even failed in this weak scenario
Now:
⚠️ The 60K area is very critical
Breaking it in the current situation = severe and rapid decline
✅ However, if the price holds and the chart shape changes
We might maintain stability for several months
And return to target medium-term objectives
I will keep following up with you continuously,
And any changes on the chart or in the data
Will be alerted immediately
$NVDAon $AAPLon #StrategyBTCPurchase #VitalikSells BTCDropsbelow$63K#TrumpNewTariffs