First target: Previous support zone — around $85,000–$90,000
Second target (if breakdown continues): Major support near $72,000–$75,000
To refine these levels, traders often use:
Fibonacci retracement (e.g., 0.382 or 0.5 levels)
Horizontal support/resistance
Moving averages (like the 100D or 200D MA)
Bitcoin is showing a double bearish divergence, where price is rising but RSI is falling, indicating weakening momentum and a potential trend reversal or correction ahead.