This Bitcoin Drop can Continue !!🚨

Short position secured at $72K local top

Ahmed established short positions at the $72,000 resistance level and is currently waiting for lower prices as the downtrend toward $60K continues.

$68K Point of Control acts as pivotal resistance

The volume profile indicates $68,000 is where the most volume was traded, and Bitcoin must hold this as resistance to maintain bearish momentum toward lower targets.

Loss of $65.6K support opens path to $60K

If Bitcoin fails to hold the $65,600 support zone, the next likely destination becomes $60,000 or potentially $58,000 to fill the liquidity wick from prior price action.

Never short support breakdowns directly

Traders should avoid opening new short positions immediately after a support level breaks to prevent getting caught in fakeout reversals and liquidations.

Only consider longs on reclaim patterns

A potential scalp long could trigger if Bitcoin drops to $65,500 and then reclaims $66,000 with a stop loss below the wick, though this is a counter-trend play with limited upside.

Maintain core short positions from higher levels

Ahmed holds multiple shorts from $72K, $96K, $106K and the all-time high, demonstrating the strategy of building positions at tops rather than chasing breakdowns.

Ethereum shows extreme weakness against Bitcoin

The ETH/BTC pair is exhibiting a super bearish structure, suggesting Ethereum will likely underperform and drop significantly harder than Bitcoin itself.

Altcoins face severe cascade risk

The altcoin market is described as too fragile to withstand a Bitcoin breakdown, with a potential 10% BTC drop triggering much larger percentage losses across all altcoins.

Correlation means nowhere to hide

If Bitcoin drops to $60K, every single altcoin will follow with substantial drawdowns, offering no safe havens within the crypto market during the move.