Bitcoin has completed a sharp ~40% decline, marking a local bottom near 60,000. Price is now consolidating at lower levels, suggesting a corrective phase before the next major move.
🔍 Technical Outlook:
• Trend remains bearish
• Consolidation after impulse drop
• Corrective pullback expected toward 78,500 – 80,000
• Downside continuation likely toward 40,000
📊 Key Levels:
Resistance: 78.5K – 80K
Support: 60K → 40K
📌 Bias: Sell-on-rise until structure shifts.
⚠️ Trade with discipline, proper risk management & confirmation.
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