Bitcoin Drops Below Key Trendline: Market Dynamics Uncertain

Bitcoin experienced a significant drop below its crucial trendline, sparking discussions among market participants regarding the next potential trajectory for the cryptocurrency. While the weekly candle still holds five days to potentially reverse course, traders remain focused on whether Bitcoin can reclaim its downtrend before closure. If it fails to do so, the Kijun support level at $81,000 might act as the next significant obstacle.