Bitcoin at $ 69K? The short -term future of BTC places at these levels

Market volatility, fueled by the ongoing Tariff war, saw bitcoin trade (btc) below the $ 75,000 mark for the first time since November. Despite recovering from the fall, the cryptographic badge risks more short -term volatility if it does not claim the key support levels soon.

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bitcoin finished the week with a price drop below the $ 80,000 support zone, closing Sunday below the $ 78,500 brand. In the early hours of Monday, the largest cryptocurrency for market capitalization continued to bleed towards the $ 74,500 support zone before bouncing.

Amid the 9.1%correction, bitcoin registered its lowest commercial price in five months, touching the levels of November 6. The Daan crypto Trades market observer said btc has been quoting below its upward market support band during the last weeks, trying to return above this level but finally facing rejection.

According to the merchant, “this is a good metric to measure the high impulse of the time market. In what he does, Price has neglected below him (2023 and 2024) but he has never neglected him for much more than ~ 20%”, which suggests that Bull would like to claim this region.

Rekt Capital Analyst <a target="_blank" href="https://x.com/rektcapital/status/1909279486551495052″ target=”_blank” rel=”nofollow”>noted That the current correction of btc is “very close to matching the decline depth of the back of the almost -33%leaf.” The ongoing setback has seen that bitcoin falls 31% from the January historical maximum (ATH) of $ 108,786. However, he considers that bitcoin could bleed in the $ 70,000 support before reaching the correction.

“Every time bitcoin's Diario RSI crashed into the RSI Sub -28 levels, that would not necessarily mark the bottom of the price. In fact, historically, the real background of the real price would be -0.32% to -8.44% lower than the price when the RSI was for the first time,” he explained, and added that bitcoin is forming its second low, 2-79% below the first minimum.

If the same pattern continues and falls 8.44% below the first minimum, investors could see the price of the price of bitcoin in around $ 69,000- $ 70,000.

Another 10% correction ahead?

In addition, rect capital <a target="_blank" href="https://x.com/rektcapital/status/1909249043416383519″ target=”_blank” rel=”nofollow”>outlined The key levels to recover after btc weekly closure below the $ 80,650 support. The analyst said that bitcoin already has “rise at this level to label it as a new potential resistance” this week.

As a result, you must recover the closed level of last week if btc wants to challenge the weekly descending trend of 2025, and also needs to maintain the daily closing level of Sunday of $ 78,500.

bitcoin could not close daily above the bearish trend. In fact, Price continued to form new lower maximums in her already extended series of lower ups and downs. In the last rejection, btc landed at the minimum of ~ $ 78,500. Continue to maintain this level as support, and btc has the opportunity to challenge the level of $ 82,500 in the short term.

The analyst explained that bitcoin generally needs to close above the level of $ 78,500 to “build a base here for a possible short -term rebound.” On the contrary, a daily closure below this level would see btc placed for a new bearish test after closing it for two consecutive days.

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He concluded that “turning this level into a confirmed resistance would send the price to the additional continuation to the decline”, which is aimed at the prices of the top prior to the audience ranging between $ 69,000 and $ 72,000.

At the time of writing this article, btc quotes at $ 79,200, a 1% increase in the daily period.

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