$BTC critical $0.62–$0.63 zone following a breakdown from a rising wedge pattern. Key technical indicators remain weak: RSI is low, cryptocurrency scanners flag bearish Ichimoku signals, and Fibonacci retracement levels suggest deeper downside toward $0.50 if support at $0.62 breaks . Still, long-term drivers persist: Cardano’s listing in the Nasdaq Crypto Index, growing institutional and enterprise use cases, and potential ETF approval by late 2025 offer upside$BTC