$BTC Breakdown – Updated View

Bitcoin is currently trading near $78,828, struggling to maintain bullish momentum after a sharp retrace from the $85K region.

🔸 Key Support Zone at $77.5K:
BTC is sitting on a short-term critical support at $77.5K. Holding this level could provide a short relief bounce.
However, a confirmed breakdown below $77.5K will likely accelerate the downside pressure.

🔸 Next Support Levels:
If $77.5K breaks:

$74K – $72K becomes the next key zone

Below that, $66K – $60K might act as mid-level supports

In a worst-case bearish scenario, $55K – $50K could be targeted


🔸 Risk Level at $72K:
Losing $72K with volume would invalidate bullish structure and increase the risk of a deeper correction.

🔸 Bullish Recovery Needs:

BTC must reclaim and sustain above $80K, then $85K

Clean break above $85K could restart the bullish rally toward $90K+


🔸 Action Plan:

Watch $77.5K closely for reaction

Breakdown = prepare for $72K test

Bounce = potential retest of $80K-83K