BTC has bled ~17% across the week and lost the $60,000 shelf, tagging 59,137 before the latest bar steadied near 60,400. The leg accelerated after May NFP printed 172K vs 85K, gutting near-term Fed-cut hopes and triggering a momentum-driven flush. Price sits well below EMth(20) and EMA(50) with RSI(14) pressed into oversold territory after persistent lower highs.
What it said to watch
H1 close back above 60,000 would neutralise the lost-support read
Failure to hold 59,137 opens the path toward the 58,000 range low
US CPI Wed Jun 10 12:30 UTC is the next macro catalyst that could reset this read
Successive lower highs and lower lows, fresh weekly low.
BTCUSD has trended lower all week from the 71600 area, with the decline accelerating into a clean break of the 60000 round level after the hot May NFP print (172K vs 85K) gutted near-term rate-cut hopes. Price is printing fresh weekly lows at 59142 in the latest NY hours, holding well below EMA20 and EMA50 with RSI(14) pinned near 31. The prior 60000 floor now sits overhead as the first resistance to reclaim.
Support: 59,142.00
Resistance: 60,000.00
What it said to watch
H1 close back above 60000 round would ease the breakdown pressure
Failure to hold 59142 session low confirms continuation of lower-lows
US CPI on Jun 10 is the next macro catalyst for this read
18:02 UTC
Downtrend, accelerating into capitulation · RSI 36 · price 60,902.93
Series of lower highs and lower lows; fresh week low printed.
Relentless downtrend since Monday's open, with BTC slicing the 60k pivot and tagging a 59,793 week low after Friday's hot US NFP (172K vs 85K) lifted yields and pressured risk. Price sits below EMA20 and EMA50 with every session selling rallies; RSI(14) is oversold near 36 as the latest bounce stalled at 61,500. The broken 60k shelf is the immediate battleground after a violent leveraged flush.
What it said to watch
Reclaim and hold of the 60k pivot needed to ease the broken-shelf read
Failure to hold 59,793 confirms continuation lower
US CPI Tue Jun 10 is the next major catalyst and could reset this read
A close back above 63,000 would break the run of lower highs
BTC has bled lower the entire window, sliding from ~71,600 to a fresh low at 59,793 as a hot NFP (172K vs 85K) revived rate-hike fears and broad risk-off. Price swept below the 60,000 psych level into the NY session before snapping back above it to 61,404, with RSI(14) lifting off oversold. Bounces have been capped under the descending lower-highs line with price stuck beneath EMA20 throughout.
What it said to watch
Hourly close back below 59,793 confirms continuation of the lower-low sequence
Reclaim and hold of 62,955 would challenge the week's lower-highs structure
US CPI Jun 10 12:30 UTC could materially shift this read
BTC has bled steadily since Monday's ~71,500 open, shedding over 10,000 points into a four-month low as the hot 172K NFP print revived hawkish-Fed pricing and pressured risk. Price sits pinned below EMA20 and EMA50 with RSI(14) hovering near oversold, and each bounce this week has been sold into descending resistance. The 60,000 psych area is the nearest demand line being tested after the session low at 60,333.
What it said to watch
Failure to hold 60,000 psych extends the lower-low sequence toward the next demand zone
Reclaim of 62,300 supply would be the first sign the capitulation leg is stalling
US CPI on Jun 10 is the next macro pivot — a hot print pressures the 60,000 floor
BTC extended its weekly collapse into a four-month low near $60.7k, with the 172K NFP beat flipping the rate narrative hawkish and adding to crypto-specific stress. Price has held below EMA(20) and EMA(50) for the entire window, printing lower highs into every session; the descent through $63.5k and $62.2k accelerated into the latest NY hours. RSI(14) is oversold near 31 but momentum remains one-directional with no bullish divergence yet.
What it said to watch
Hourly close below $60,000 confirms the breakdown and opens the path toward $50k
Reclaim of $62,200 would be the first sign the lower-high sequence is stalling
US CPI Wed Jun 10 12:30 UTC could materially shift this read; a hot print pressures the $60k line
Series of lower highs and lower lows since Monday.
BTC has shed roughly 10k from Monday's ~71.8k open, grinding lower in a clean descending channel and posting a week low of 61037 after today's hot NFP (172K vs 85K) added pressure to risk. Price sits below EMA20 and EMA50 with RSI(14) hugging the low 40s; demand stepped in twice around the 61k trendline area, but rallies have stalled into the 63.5k–64.6k supply band. The bounce off 61037 leaves the channel of lower highs intact for now.
Support: 60,000.00
Resistance: 63,500.00
What it said to watch
Hourly close below 60000 confirms continuation of the lower-low sequence
Reclaim of 63500 swing high would challenge the descending channel
US CPI Wed 12:30 UTC is the next catalyst that could shift this read
12:02 UTC
Downtrend, momentum heavy · RSI 43 · price 61,813.92
Sequence of lower highs and lower lows.
BTCUSD has bled lower all week from the 72,150 open, breaking below the 62K shelf during yesterday's NY session as ETF outflows and exchange inflows kept the tape heavy — its worst week since mid-2024. Price tagged the 61,040 week low against the cited bull-market trendline/200-week SMA zone, bounced to 62,950, but is rolling over again sub-EMA(20). RSI(14) near 43 has been pinned in the lower half on each pullback.
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (forecast 85K) is imminent and can materially shift this read
Loss of 61,040 confirms a fresh lower-low and exposes 60,000
An hourly close back above 63,100 would break the current lower-high sequence
BTC has slid all week, dropping from Monday's ~72,500 open to a 61,037 intraday low amid the spot-ETF outflow rout. The bounce toward the 63,100 rebound zone has been rejected and price now sits below EMA20 and EMA50 with RSI in the low 40s. NFP at 12:30 UTC is the next catalyst into this fragile tape.
What it said to watch
H1 close below 61,037 opens the path toward the 60,000 psych floor
Reclaim of 63,100 needed to challenge the descending lower-highs
NFP at 12:30 UTC could materially shift this read
10:03 UTC
Downtrend, bounce off lows · RSI 43 · price 62,768.87
Lower highs and lower lows all week.
BTC has bled lower all week, sliding from 72,700 to a 61,037 low before clawing back toward 62,800 amid the deep June rout, ETF outflows and AI-rotation flows cited in the digest. Price remains pinned below EMA(20) and EMA(50) with RSI(14) basing near 43 after the recovery off the week low. The 63,500 supply band has capped the bounce so far, while 61,037 and the 60,000 psych level mark the active downside zone to monitor.
What it said to watch
US Nonfarm Payrolls at 12:30 UTC is the primary near-term catalyst and could materially shift this read
An hourly close back above 63,500 supply would ease the lower-high sequence
Failure to hold 61,037 reopens the 60,000 psych zone
09:08 UTC
Downtrend, bouncing off lows · RSI 43 · price 62,354.33
Successive lower highs and lower lows.
BTC has bled lower all week, shedding roughly 11,000 points from Monday's open near 72,800 to a fresh week low at 61,040, with the move driven by broad macro/USD positioning rather than any crypto catalyst. Price sits below EMA(20) and EMA(50), and each NY-session pullback has capped under the descending lower-highs line. The latest bounce off 61,040 stalled at the 62,955 bounce high, leaving the downtrend structure intact.
What it said to watch
Nonfarm Payrolls in ~3.5h is the key near-term risk and could materially shift this read
An hourly close back above 63,550 prior high would break the lower-high sequence
Failure to hold 61,040 week low opens the path toward the 60,000 psych level
BTC has trended lower since Monday's open near 73k, shedding roughly 11k into the 61k handle with price holding below EMA20 and EMA50 throughout the week. The latest bar bounced off the 61038 swing low back to 62918, but the descending sequence of lower highs is intact and RSI(14) remains sub-50. Move is macro/USD driven with a firm Dollar above DXY 99.40 ahead of NFP.
Support: 61,038.00, 60,000.00
Resistance: 64,600.00
What it said to watch
Nonfarm Payrolls + AHE in ~6h is the key near-term risk for this read
H1 close above 64600 swing high would break the lower-high sequence
Failure to hold 61038 swing low opens the path toward the 60000 psych level
BTC has trended lower all week from Monday's 73k area, with the decline accelerating through the NY session as price broke 64k and printed a fresh week low at 61038. The move sits on broad macro/USD risk sentiment rather than any crypto catalyst, with a firm dollar and patient-Fed tone capping rebounds. RSI(14) is pressing into oversold near 34 while price holds well below EMA20 (~63200), keeping structure firmly bearish.
Support: 61,038.00, 60,000.00
Resistance: 63,200.00
What it said to watch
Nonfarm Payrolls in ~6h is the key near-term risk and could shift this read sharply
Loss of 61038 opens the path toward the 60000 psych level
Reclaim of EMA20 near 63200 would challenge the sequence of lower highs
BTCUSD has trended lower all week from Monday's open near 73,000, with broad risk sentiment and a hawkish-Fed tilt offering no support. Wednesday's NY bounce to 64,600 was capped and price has since carved lower highs back toward the 61,245 week low, closing the latest bar at 62,091 below both EMA20 and EMA50. RSI sits near 37, reflecting sustained downside pressure without yet reaching washed-out extremes.
What it said to watch
H1 close back above 64,600 bounce high would break the lower-high sequence
Loss of 61,245 week low confirms continuation of the lower-low structure
US Nonfarm Payrolls ~12:30 UTC could materially shift this read
BTC has trended lower all week, sliding from Monday's 73,290 high to a 61,245 trough as the move accelerated through the prior NY session on macro-driven flows ahead of NFP. Price has since bounced and is now consolidating between 62,100 and 64,300, with last close pinned near EMA20 but still capped under EMA50 around 65,000. RSI(14) printed a higher low against the lower price low at 61,245, a mild bullish divergence into the basing.
What it said to watch
US Nonfarm Payrolls at 12:30 UTC (~7.5h) could materially shift this read
H1 close above 64,300 breaks the consolidation and challenges the EMA50
Failure to hold 62,100 reopens the 61,245 week low
04:03 UTC
Downtrend, near week lows · RSI 34 · price 62,551.11
Lower highs, lower lows since Monday.
BTC has been in a steady downtrend since Monday's open, bleeding from 73400 to a 61245 week low with price trading below EMA20 and EMA50 throughout. A bounce into the NY session stalled at 64600 and faded, and price is now pressing back toward the lows with RSI(14) sitting in the low 30s. No crypto-specific catalyst here — BTC is trading on US rates and macro positioning into Friday's NFP.
Support: 61,245.00
Resistance: 63,800.00
What it said to watch
H1 close above 63800 would break the lower-high sequence
Failure to hold 61245 confirms downtrend continuation
US Nonfarm Payrolls at 12:30 UTC (~8.5h) could materially shift this read
BTC has trended lower all week from Monday's ~73,700 open, shedding roughly 15% into the 61,245 low with price driven by US macro/rates ahead of NFP. A mid-week bounce stalled at 64,601 and the recovery has since rolled over, with price now sliding back toward the week low under both EMA(20) and EMA(50). RSI(14) sits near 37, pressed but not yet at an extreme.
What it said to watch
Nonfarm Payrolls at 12:30 UTC (~9h) is the immediate risk to this read
H1 close below 61,245 confirms a fresh lower low
Reclaim of 63,800 lower-highs would ease the downside pressure
BTC has sold off relentlessly since Monday's open, falling from ~73950 to a 61245 week low by Wednesday's NY session — a near 17% drop with no crypto-specific catalyst, the move tracking macro/rates positioning into payrolls. Since the low it has carved a 62800–64600 range, with RSI(14) recovering off oversold but stalling mid-40s and price pinned just under EMA(20). Each push toward the range high has been faded back into the body.
Support: 62,800.00, 61,245.00
Resistance: 64,600.00
What it said to watch
US Nonfarm Payrolls ~12:30 UTC (~10h) could materially shift this read
H1 close below 62800 reopens the 61245 week low
H1 close above 64600 range high challenges the downtrend
BTC has bled lower all week from Monday's ~73,700 open, shedding roughly 14% into the 61,245 week low with no crypto-specific catalyst — the move tracks the mixed-to-cooling US labour read ahead of payrolls. Buyers stepped in near 62,000 and squeezed back into the 64,000s, but price has since rolled over and trades back below EMA20 and EMA50 as the bounce fades. The last dozen bars are coiling in a 62,000–64,600 range.
What it said to watch
H1 close below 62,000 confirms a fresh lower low toward 61,245
Reclaim of 64,600 breaks the consolidation top
US Nonfarm Payrolls ~11h away (12:30 UTC) could materially shift this read
BTC has bled steadily lower since Monday's ~73,800 open, shedding roughly 12k to print a week low at 61,245 before stabilising. Price is now consolidating between 63,020 and the 64,601 bounce high, with a higher low at 62,141 and RSI(14) lifting off oversold — a softer labour read (jobless claims miss, soft productivity) trimmed the Dollar into the Asian session. The move sits back above EMA(20) but well under EMA(50), keeping the broader weekly structure heavy.
What it said to watch
Nonfarm Payrolls Fri 12:30 UTC (~14h) could materially shift this read
H1 close below 62,141 confirms a lower-low and reopens 61,245
Reclaim of 64,601 needed to challenge the lower-high sequence