Bitcoin is in a corrective movement and may seek a new test of support in an extremely relevant area of the monthly chart.
🔹 The price may retreat to the range of $65,480, where there is strong technical confluence:
• Monthly EMA 50
• Old historical resistance, now acting as possible support
• Natural market defense zone after strong expansion
This movement would represent an additional drop of approximately 7% from current levels ($70,764)
⚠️ Point of attention:
This region needs to show a clear reaction from buyers. If $BTC loses strength and closes below this level, the scenario opens up space for a deeper correction, targeting the region of $58,100, close to previous structural supports.
📌 Scenario summary:
• $65,480 → key support (market decision)
• Held = structural continuation of uptrend
• Lost = risk of extension of correction to $58,100
