- Entry
- $62,242.25
- Now
- $64,977.36 +4.4%
- Target
- $35,658.00
- Score
- —
Hey everyone, I’ve been looking at the BTC/USD weekly chart, and I wanted to share my long-term technical analysis with you all. Looking at the macro structure from 2020 until now, Bitcoin has been respecting a major multi-year ascending trendline. If we apply the Fibonacci retracement tool to the entire impulse wave, the current price action around $61k seems to be breaking down from the local channel. According to my chart, if the bearish momentum continues, here is the path …
— ORIGINAL POST ·
BTCUSD drop till 35k. Is it Possible?
· r/CryptoMarkets
· Jun 25, 2026