Bitcoin Price Analysis: How Low Can BTC Fall After Losing $66K?

What: Bitcoin has entered a delicate phase, testing lower boundaries of its recent consolidation after a significant retracement from late-2025 highs.
Why: Market structure now suggests a potential accumulation zone is forming, with short-term swings contained within a widening channel.
Signal: A break below the $62,500 support level could trigger a more significant decline.
Target: The next key support level is around $58,000, a **20%** drop from current levels.
Risk: A potential **30%** correction is not entirely ruled out, given the current market volatility.