BTC Technical Outlook: Breakdown Below 0.382, Testing Lower Range Support

BTC has confirmed a strong markdown phase after failing to sustain above the 0.618 (100,856) and 0.5 (93,051) Fibonacci levels.

Following multiple lower highs and rejection from the EMA cluster, price accelerated downward and decisively broke below 0.382 (85,246) and 0.236 (75,589).

BTC is now stabilizing near the lower support band around 65,000–70,000, just above the macro base.

EMA Structure (Strong Bearish Alignment)

20 EMA: 74,280
50 EMA: 81,699
100 EMA: 88,247
200 EMA: 94,389

Price is trading below all major EMAs, confirming dominant bearish trend structure.

The 81,700–94,400 zone (50–200 EMA cluster) now acts as major dynamic resistance.
Any bounce into this region is likely corrective unless reclaimed with strong volume.

Fibonacci Structure

1 Fib: 126,123
0.786: 111,968
0.618: 100,856
0.5: 93,051
0.382: 85,246
0.236: 75,589
0 (Macro Base): 59,980

BTC has lost the critical 0.382 and 0.236 levels, shifting structure fully bearish.

Current price action is hovering above macro support near 60K–66K, a major decision zone.

Failure to hold above this area could open downside continuation toward the macro base near 59,980.

Current Structure

• Clear descending structure since the November peak
• Strong impulsive breakdown below 75K
• Short-term consolidation forming near 68K–70K

For structural recovery, BTC must: • Reclaim 75,589 (0.236)
• Break above 85,246 (0.382)
• Close above 93,051 (0.5)

Until then, trend remains bearish.

RSI Momentum

RSI (14): 29–37

RSI is near oversold territory, suggesting bearish momentum is extended but not yet reversed.

A bullish divergence confirmation would be needed for a stronger bounce scenario.

📊 Key Levels

Resistance
• 75,589 (0.236)
• 85,246 (0.382)
• 93,051 (0.5)
• 100,856 (0.618)

Support
• 68,500 (local range support)
• 65,000 psychological level
• 59,980 (macro base / Fib 0)

📌 Summary

BTC remains in a confirmed macro downtrend after losing 75K support.

Price is currently testing a major structural demand zone around 65K–70K.
As long as BTC trades below 75,589–85,246, the higher-timeframe bias remains bearish.

Only a strong reclaim above mid-Fib resistance would shift momentum toward recovery.

$BTC ‌#USCoreCPIHitsFour-YearLow