At this time, Bitcoin is trading around $64,900–$65,000.
After rejection near $120K, the market is in a strong correction.
The market is now in a crucial decision zone.
Let's understand in simple terms.
Market structure (large time frame)
According to the chart:
BTC reached a top of approximately $125K
There was a strong rejection from there
$98K support has broken
the price has rapidly reached $65K
this indicates: a lower high has been made and the correction phase is ongoing
but the overall bull cycle is still not over — this could be a correction.
important support levels
current support: $60K – $65K
this is the most important zone.
if BTC holds here:
the market may go sideways
accumulation may occur
preparation for the next big move will be made
major support: $52K
if $60K breaks:
next strong support $52K
a strong bounce can come from here
but if it breaks, the trend will weaken
resistance levels above
if a bounce comes:
$75K → first resistance
$98K → strong resistance
$107K–$116K → heavy selling zone
$125K → previous top
to be bullish, BTC must reclaim $75K.
possible scenarios
1. Most Likely (Base Scenario)
BTC will range: $60K – $75K
the market is cooling down
consolidation after a big move is normal
2. Bearish Scenario
if $60K breaks:
rapidly $52K
panic selling
altcoins will drop more
3. Bullish Scenario
if BTC comes back strong and: $75K reclaim + hold
you:
bullish momentum again
$90K–$100K retest
bull cycle ongoing
trader's final view
65K is not a panic zone.
this is a retest zone.
the real thing to observe is:
$60K hold → healthy correction
$60K break → deeper dump
$75K reclaim → bulls return
smart money waits for confirmation.
emotional traders only look at candles.
#RiskAssetsMarketShock #MarketCorrection #WhenWillBTCRebound #WarshFedPolicyOutlook #ADPDataDisappoints
