BTC Technical Outlook: Bitcoin Stabilizing Above Macro Support After Breakdown Below 0.236

Bitcoin remains in a broader corrective phase after failing to hold above the $93,000–$100,800 resistance cluster (0.5–0.618 Fibonacci zone).

The breakdown below 0.382 ($85,246) and then decisively below 0.236 ($75,589) confirmed structural weakness and triggered an accelerated decline toward macro support.

Price is now consolidating near $67,000–$71,000, forming a short-term base just above the macro Fibonacci 0 level at $59,980.

This area represents a major decision zone for BTC’s next directional move.

EMA Structure (Bearish Alignment)

20 EMA: $71,308

50 EMA: $78,721

100 EMA: $85,931

200 EMA: $92,839

BTC is trading below all major EMAs, confirming continued bearish trend alignment.

The $71K–$79K zone (20 & 50 EMA cluster) now acts as immediate dynamic resistance, while broader structural resistance remains between $85K–$93K.

Any upside move into these areas is likely corrective unless reclaimed with strong volume and sustained daily acceptance.

Fibonacci & Price Structure

0.786 Fib: $111,968

0.618 Fib: $100,856

0.5 Fib: $93,051

0.382 Fib: $85,246

0.236 Fib: $75,589

Fib 0 (Macro Base): $59,980

BTC failed to hold the 0.382–0.5 region, then lost 0.236, confirming continuation of the corrective structure.

Current consolidation above $67K suggests temporary absorption of selling pressure.

A breakdown below $67K would expose BTC to the $60K macro base, while holding this zone could allow a relief bounce toward $75K–$79K resistance.

RSI Momentum

RSI (14) is currently around 37, reflecting weak but stabilizing momentum after near-oversold conditions.

RSI remains below the 50 equilibrium level, confirming that the broader structure is still corrective rather than bullish reversal.

📊 Key Levels

Resistance

$71K–$79K (20 & 50 EMA + 0.236 zone)

$85,246 (0.382 Fib)

$93,051 (0.5 Fib)

$100,856 (0.618 Fib)

Support

$67,000–$70,000 (local consolidation demand)

$59,980 (macro base / Fib 0)

RSI: 37 — weak / stabilizing

📌 Summary

Bitcoin is consolidating above macro support after a sharp corrective breakdown.

While downside momentum has slowed near $67K, the overall structure remains bearish below $75K–$85K.

A sustained recovery requires BTC to reclaim $75,589 (0.236) and stabilize above the EMA cluster.
Failure to hold above $67K would likely trigger continuation toward the $60K macro base.

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