Bitcoin

BTC Daily: Testing a Major Break of Structure

738
BTCUSD daily

BTC is now testing an important break-of-structure area around 60k.

The recent retracement zones failed to produce a meaningful bounce. Price lost the 73.9k area, failed to hold the deeper retracement levels, and continued lower with expanding sell pressure.

The major swing 50% around 76.8k remains the key reclaim level on the higher timeframe, but price is now far below it. For the short-term structure, the focus is much simpler:

Can BTC defend the prior low around 60k?

A clean loss of this level would confirm a broader breakdown and likely open the door toward the next support area around 54.8k–52.7k.

A reaction bounce from here is possible, especially after such a sharp move, but any bounce should be treated carefully until price starts reclaiming lost structure.

Altcoins are already showing significant relative weakness, and several have broken below their own BOS levels. That adds weight to the cautious case.

For now:

Holding ~60k = possible reaction area.

Sweep below 60k followed by a reclaim = potential Turtle Soup / failed breakdown.

Acceptance below 60k = break of structure confirmed.

Next support = 54.8k–52.7k.

Any bounce without reclaiming lost levels = relief until proven otherwise.

คำจำกัดสิทธิ์ความรับผิดชอบ

ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน