- Bitcoin breaks below trendline, triggering market speculation.
- The weekly candle still has five days to reclaim its position.
- Kijun support at $81,000 could be the next key level.
Bitcoin Dips Below Trendline: Market Makers at Play?
Bitcoin has broken below its key trendline, sparking concerns among traders. The price has also dipped beneath the last wick low, a move often attributed to Market makers manipulating liquidity. However, the bigger picture still holds uncertainty, as Bitcoin’s weekly candle has five more days before closing.
A potential recovery is still on the table, and traders are watching to see if Bitcoin can reclaim its trendline before the weekly close. If it fails to bounce back, the next major support level lies at the Kijun indicator, sitting at $81,000.
Will Bitcoin Reclaim the Trendline?
Historical price action suggests that Bitcoin often experiences temporary breakdowns before reversing. A reclaim of the trendline could signal bullish momentum returning, but if the breakdown persists, a further decline toward $81,000 is likely.
Traders should watch for confirmation signals such as volume spikes, price rejections at lower levels, and key moving averages to gauge Bitcoin’s next move. The coming days will be crucial in determining the short-term trend.
#Bitcoin Important Update 💥 #BTC is breaking the trendline and dipping below the last wick low—market makers at work.
— Titan of Crypto (@Washigorira) February 25, 2025
Reminder: The weekly candle still has 5 days left to close, plenty of time to reclaim the trendline by then.
If not, next support is Kijun 🔵 at $81,000. pic.twitter.com/1ryG71i1Hi
Final Thoughts
While Bitcoin’s dip below the trendline is concerning, there’s still time for recovery before the weekly candle closes. The next major support level at $81,000 remains a key area to watch. Traders should remain cautious and monitor price action closely.
