BTC Technical Outlook: Consolidating Near Macro Base After 0.236 Breakdown
Bitcoin remains in a strong corrective downtrend after rejecting from the $93K–$100K resistance cluster (0.5–0.618 Fibonacci zone).
The decisive breakdown below 0.382 ($85,246) and later the loss of 0.236 ($75,589) triggered accelerated downside pressure, pushing BTC toward macro support.
Currently, BTC is consolidating around $64K–$66K, hovering just above the macro Fibonacci 0 level at $59,980.
This is a major structural decision zone.
EMA Structure (Strong Bearish Alignment)
20 EMA: $69,530
50 EMA: $76,844
100 EMA: $