It's interesting to observe how Bitcoin is approaching the critical level of $60 000. Currently, it is trading around $77 thousand, but in recent days the market has clearly been correcting. I noticed that analysts refer to this level as the last line of defense.

If you look at the charts consistently, it’s clear that $60 000 is not just a random figure. The Bitcoin price has bounced off this level several times, and it has held the structure from February until now. A 24-hour decline showed another 3.3% down, so the risks are real. If this level doesn't hold, there could be a longer decline down to $40 000.

Interestingly, when looking at long-term charts from 2018, a clear pattern emerges. Bitcoin has fallen to the macro trend several times, then accumulated and grew again. The last cycle reached $126 thousand in October 2025, and now it’s correcting. According to previous cycles, if $60 000 holds, the cycle continues. If it breaks through, the bottom is near $40 000, and accumulation begins anew.

So, everything now depends on how Bitcoin’s price will behave around this critical zone. It’s fascinating to watch how events unfold.