Price Prediction
Bitcoin Breakdown Targets $57,800
Bitcoin is approaching a critical support level around $75,500, which is now the key battleground for buyers and sellers. A weekly close below this level confirms a bearish breakdown and opens the door to further downside toward $57,800. The chart identifies $57,800 as a major liquidity level and the next downside target, representing a potential decline of 23.4%. Bitcoin is currently trading around $75,507, having failed to extend its recovery toward $87,000 since reaching its previous cycle high above $120,000 in 2025. The resistance zone at $81,178 remains a significant obstacle, and Bitcoin has faced rejection at this level, highlighting persistent selling pressure. The chart also shows Bitcoin trading below its marked 12-month high of $108,353, while its 12-month low stands at $38,555.