$BTC is sliding into the final wedge support zone after getting rejected from the upper side. Bulls lost momentum fast, and now the 58,000–56,000 area is the line I’m watching.


If buyers can defend that lower boundary, this correction can still bounce back toward 70,000–72,000 first, with 88,000–90,000 above that. But the tone stays heavy for now with risk sentiment weak and ETF flows still soft.
This is where I’d want to see real reaction from buyers. If that support gives way, the whole rebound idea gets a lot weaker.
BTC-0.31%
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