Bitcoin Price Prediction: Sub-$60K Next for BTC or a Strong BTC Rebound?

Bitcoin has entered a highly sensitive phase after an aggressive downside continuation. The recent sell-off has pushed it into a historically reactive demand region of $60K, while broader risk sentiment remains fragile. The market is approaching a juncture where technical structure, higher-timeframe demand, and on-chain liquidity dynamics converge, making the coming sessions critical for short- to mid-term direction. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin has decisively broken below its recent structure and continued to respect the descending channel, while the rejection from the middle boundary of $75K confirms that sellers remain firmly in control. The most important development is the impulsive breakdown toward the lower boundary of the channel, where the asset is now testing a major demand zone at the $60K price region that previously acted as a strong buyers’ base earlier in the cycle. This demand area, located at the $60K region, is structurally significant as it represents the last major consolidation before the previous impulsive expansion. While prior price action on the chart confirms this zone’s historical relevance, the current interaction is far more aggressive, suggesting that any bullish reaction from this region would likely begin as a corrective bounce rather than an immediate trend reversal. As long as Bitcoin remains below the descending channel resistance and the 100- and 200-day moving averages, the daily structure remains decisively bearish, with downside continuation still a valid risk if demand fails to absorb selling pressure. BTC/USDT 4-Hour Chart Zooming into the 4-hour timeframe, the bearish structure becomes even clearer. The most recent move shows a sharp sell-side expansion into the current demand zone at $60K psychological support, followed by a minor reactive bounce, which so far lacks strong follow-through. From a short-term perspective, the key level to monitor is the nearest supply zone overhead...