BTC Breakdown Continues Exactly As Expected | Are we going 65k ?

In my previous BTC analysis earlier today, I highlighted that losing the $70.8k support would likely trigger another wave of selling. That's exactly what happened.

Bitcoin failed to defend the level, sellers stepped in aggressively, and the price has now dropped toward the next major support zone around $65.8k–$66k.

What's interesting here is that BTC is now approaching one of the most important support levels on the chart. This zone acted as a strong base during the previous rally and could determine whether we see a relief bounce or a much deeper correction.

What Happened?
• $73.8k support failed
• $70.8k support failed
• Bearish structure continued perfectly
• Price reached the next major demand zone
• RSI dropped into deeply oversold territory

Key Levels To Watch
Current Support:
$65,800
Major Resistance:
$70,800
Resistance:
$73,800

Bullish Recovery Level:
$75,500

Market Outlook
The bears remain fully in control for now. However, after such an aggressive selloff, BTC is entering a zone where buyers are expected to respond.

If the black support line around $65.8k holds, we could see a relief rally and short-term recovery attempt.

If this support breaks, the market may start looking toward significantly lower levels and a deeper correction phase.

The chart continues to follow the bearish roadmap we've been tracking over the last several analyses almost level by level.

Now all eyes are on the final major support zone.

NFA | DYOR