Bitcoin Last Line Of Defense Revealed: Can BTC | Crypto News
Bitcoin is presently trading around $66,400, which is sort of 48% below its all-time high of $126,080 set in October 2025, and a technical analysis is drawing a line in the sand for the correction.
According to a crypto analyst identified as Leshka.eth, Bitcoin is now approaching a price stage that will decide whether or not this cycle survives or collapses into a full reset. That line is $60,000, and whether or not it holds could form Bitcoin’s price trajectory for the remainder of the yr.
$60,000 As The Important Line Of Defense
According to crypto analyst Leshka.eth, the $60,000 price is now the most important zone for Bitcoin in the current market construction. This stage is what the analyst describes as the ultimate barrier that will decide whether or not a deeper correction performs out to decrease price ranges.
Bitcoin has been trading around the low $70,000 area in latest classes, and the past 24 hours have been characterised by another 3.3% drop. Although its current positioning retains it comfortably above the $60,000 stage for now, the margin is no longer large enough to ignore draw back dangers.
The weekly candlestick chart shared by the analyst exhibits how earlier breakdowns from related constructions have led to price crashes. However, it’s important to observe that Bitcoin has not misplaced the $60,000 price stage this cycle, with the early February crash discovering a backside around $63,000.
This context makes the $60,000 stage significantly vital. It has stored on performing as a stable flooring throughout the past two months, serving to to keep the upper price construction between $63,000 and $76,000. Therefore, a loss of $60,000 would imply that patrons have misplaced control of an important structural stage that has supported the Bitcoin price throughout the current cycle.
Bitcoin Price Chart. Source: @leshka_eth On X
The Macro Trendline In Every Bitcoin Cycle
The broader construction turns into clearer when wanting at the long-term trendline drawn across a number of Bitcoin cycles. The trendline, which is drawn on the weekly candlestick chart from 2018 through to a projected 2028, connects the deepest cycle lows that shaped during prolonged bearish price motion.
In late 2018, Bitcoin topped out, collapsed, and fell to the trendline in 2020 before getting into a extended accumulation part close to the lows. It then finally surged into the 2021 cycle top. The same construction repeated in the 2022 bear market: Bitcoin crashed from its peak, returned to the macro trendline in 2023, collected, and launched into a new cycle that carried it to $126,080 in October 2025.
That trendline is now around the $40,000 price stage. According to the analyst, if $60,000 holds, then the cycle survives. If it breaks, $40,000 turns into the underside and accumulation begins over, Leshka.eth wrote in the post on X.
Featured image from Pexels, chart from TradingView
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