{"id":12098,"date":"2026-06-06T05:00:34","date_gmt":"2026-06-06T05:00:34","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoins-crash-has-broken-below-a-4-month-support-but-theres-still-one-more-play-left\/"},"modified":"2026-06-06T05:00:34","modified_gmt":"2026-06-06T05:00:34","slug":"bitcoins-crash-has-broken-below-a-4-month-support-but-theres-still-one-more-play-left","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoins-crash-has-broken-below-a-4-month-support-but-theres-still-one-more-play-left\/","title":{"rendered":"Bitcoin\u2019s Crash Has Broken Below A 4-Month Support, But There\u2019s Still One More Play Left"},"content":{"rendered":"

Bitcoin (BTC) has been in a sharp downtrend over the past two weeks, facing steady declines as selling pressure, market volatility, and negative sentiment weigh on its price. During one of its recent market crashes, a crypto analyst noted that BTC had officially broken below a critical four-month support level, leaving the cryptocurrency in a precarious position. The expert now outlines what could happen next, and none of the scenarios suggested point to a fresh bull run<\/a>\u2014rather, Bitcoin may be headed for an even deeper bear market decline.\u00a0<\/p>\n

Bitcoin Price Crash Breaks Key Support<\/h2>\n

Crypto market expert Aralez announced<\/a> in an X post on June 2 that Bitcoin had officially broken a critical four-month support level that had been holding its price steady. The latest decline saw the cryptocurrency lose more than 8% of its value in a single day, falling below $69,000.\u00a0<\/p>\n

Aralez explained that Bitcoin\u2019s first goal during this bearish phase was to fill the Chicago Mercantile Exchange (CME) gap<\/a> in the $74,000 – $81,000 range. His accompanying price chart shows that the CME gap was completely filled earlier in May when Bitcoin briefly climbed above $80,000<\/a>. At the time, the cryptocurrency had been trading within a tight ascending channel, defined by an upper resistance trendline and a lower support line.\u00a0<\/p>\n

\"Bitcoin\"<\/p>\n

This channel had guided BTC\u2019s price up until its latest crash, which saw it break below the pattern’s lower boundary near $70,000. Since crossing $80,000, Bitcoin has entered a rather frightening downtrend, recently crashing below $63,000 after losing the $70,000 support.\u00a0<\/p>\n

At the time of writing, Bitcoin is trading just above $62,000, down more than 2.3% in the past 24 hours and over 15% in the last seven days. Analysts tracking this bearish trend add that further declines could still occur until a bottom forms below $60,000<\/a>, officially ending the bear phase.<\/p>\n

As for Aralez, he noted that a sharp sell-off immediately after hitting upside targets is usually a strong indication that the cryptocurrency\u2019s downside momentum<\/a> is far from over. As a result, he predicts that Bitcoin’s next move is likely a brief bounce to higher levels before another full-blown price crash to fresh lows.<\/p>\n

Analyst Outlines BTC\u2019s Final Bearish Play<\/h2>\n

In his analysis, Aralez outlined his roadmap for Bitcoin over the next 30 to 60 days. He first predicted that BTC could bounce back to the $71,000-$72,000 range and consolidate there for a bit. Afterward, the analyst expects the cryptocurrency to decline sharply toward lower-liquidity levels of $65,000-$63,000.<\/p>\n

Once that range is reached, Aralez forecasts a brutal sweep below $60,000, suggesting a potential Bitcoin bottom near $55,000. He cautioned investors not to mistake the current market for the start of a new bull run. Instead, he said the market looks more like a classic bull trap<\/a> that could catch many investors off guard.\u00a0<\/p>\n

He added that the Bitcoin path with the least resistance points to lower levels. As the cryptocurrency continues its decline, he urged traders and investors to avoid becoming exit liquidity.<\/p>\n

\"Bitcoin\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin (BTC) has been in a sharp downtrend over the past two weeks, facing steady declines as selling pressure, market volatility, and negative sentiment weigh on its price. During one of its recent market crashes, a crypto analyst noted that BTC had officially broken below a critical four-month support level, leaving the cryptocurrency in a…<\/p>\n","protected":false},"author":1,"featured_media":12099,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4585,22,5005,28,29,32,33,34,35,36,2048,2049],"class_list":["post-12098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-aralez","tag-bitcoin","tag-bitcoin-bull-trap","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-chicago-mercantile-exchange","tag-cme"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/12098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=12098"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/12098\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/12099"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=12098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=12098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=12098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}