The Bitcoin (BTC) price is back in that uncomfortable spot where the next move actually matters.
Crypto Patel put it best. The next 7 days, he says, will be the deciding period when Bitcoin either bounces back towards $80,000… or slides into a far steeper fall towards $50,000.
And right now, that chart is sitting right on the line that divides those two possibilities. This isn’t just random volatility. It’s a real decision zone.
What you'll learn 👉
Here’s What The Bitcoin Chart Is Saying
After the recent crash, Bitcoin found support near the $60,000 low. That level is now the key floor holding the entire structure together.
Patel’s chart shows the Bitcoin price trying to stabilize, but the market still looks fragile. The price is stuck between two big zones: recovery toward $80K, or breakdown into a new accumulation range.
This is the kind of moment where Bitcoin stops drifting and starts choosing direction.
Scenario 1: $60K Holds and Bitcoin Runs Toward $80K
If Bitcoin holds above $60,000, buyers can step back in. That could spark a bounce toward $80,000, the next major resistance zone.
And if $80K breaks cleanly, Patel says the next targets open up fast – around $88K to $90K. That’s where momentum could flip back into a real rally instead of just a relief bounce.
Scenario 2: $60K Breaks and the $50K Flush Begins
The bearish scenario is the one traders can’t ignore. If Bitcoin loses $60K before it even tests $80K, the chart starts to look like a deeper breakdown.
Patel warns that could drag the BTC price under $50,000, where the next major accumulation zone sits.
That would likely come with another wave of panic selling, liquidations, and forced exits – the kind of move that resets the market fast. In other words, $60K is the line in the sand.
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In addition, Patel also points to key order block zones, OB1 and OB, where price reaction will matter most.
Bitcoin doesn’t need predictions right now. It needs confirmation. If the BTC price bounces strongly from support, the market gets breathing room. If it fails and breaks down, the next leg lower becomes very real. This is why patience matters here more than hype.
However, the Bitcoin price isn’t in a normal chop zone anymore. It’s sitting at a crossroads where either the market finds strength and pushes back toward $80K… or the floor breaks and the real fear begins under $50K.
Next week could get messy, and whichever side takes control may shape what happens for the rest of the cycle.
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