📉 Bitcoin Breakout Confirmed – What’s Next?

Bitcoin has finally broken out of its sideways consolidation on the daily timeframe, confirming a potential downside move. The breakout suggests that BTC could drop further towards $72,600 as the next key support level.

However, before the price moves lower, there’s a high probability that BTC may retest the breakout level as resistance. If this retest holds, it could strengthen the bearish momentum, leading to a deeper correction.

🔎 Key Levels to Watch:

✅ Breakout Resistance: Former support now acting as resistance.

✅ Next Support: $72,600 – a critical level for buyers to step in.

Traders should watch for confirmation on the retest before making their next move. A rejection could accelerate the drop, while a reclaim of the breakout level might invalidate the bearish bias.

Are you trading this move? Drop your thoughts below! 👇 #Bitcoin #Crypto #BTC