Bitcoin Last Line Defense Revealed: Can BTC Price Still Go To $40,000?

Bitcoin's price is currently trading around $66,400, with a technical analysis drawing a line in the sand for the correction. The bitcoin last line defense revealed is $60,000, and whether it holds may shape Bitcoin’s price trajectory for the rest of the year.

Understanding the $60,000 Price Level

According to crypto analyst Leshka.eth, the $60,000 price is now the most important zone for Bitcoin in the current market structure. This level is what the analyst describes as the final barrier that will determine whether a deeper correction plays out to lower price levels.

Previous Breakdowns and Price Crashes

The weekly candlestick chart shared by the analyst shows how previous breakdowns from similar structures have led to price crashes. However, it is essential to note that Bitcoin has not lost the $60,000 price level this cycle, with the early February crash finding a bottom around $63,000.

Macro Trendline and Bitcoin Cycles

The broader structure becomes clearer when looking at the long-term trendline drawn across multiple Bitcoin cycles. The trendline, which is drawn on the weekly candlestick chart from 2018 through to a projected 2028, connects the deepest cycle lows that formed during extended bearish price action.

Accumulation Phases and New Cycles

In late 2018, Bitcoin topped out, collapsed, and fell to the trendline in 2020 before entering a prolonged accumulation phase near the lows. It then finally surged into the 2021 cycle top. The same structure repeated in the 2022 bear market: Bitcoin crashed from its peak, returned to the macro trendline in 2023, accumulated, and launched into a new cycle that carried it to $126,080 in October 2025.

Bitcoin Price Projections and Trends

That trendline is now around the $40,000 price level. According to the analyst, if $60,000 holds, then the cycle survives. If it breaks, $40,000 becomes the bottom and accumulation starts over. Leshka.eth wrote in the post on X, highlighting the importance of this level for bitcoin price predictions and cryptocurrency market trends.

Key Takeaways

• The $60,000 price level is the last line of defense for Bitcoin's current cycle.
• A loss of $60,000 would mean that buyers have lost control of an important structural level.
• The macro trendline is around the $40,000 price level, which could become the bottom if $60,000 breaks.
• Understanding bitcoin market analysis and cryptocurrency trading is crucial for making informed investment decisions.

Frequently Asked Questions

What is the current price of Bitcoin?

Bitcoin's current price is around $66,400, with a potential bitcoin price drop to $60,000 or lower.

Can Bitcoin's price still reach $40,000?

Yes, according to the analyst, if $60,000 breaks, $40,000 becomes the bottom and accumulation starts over, making bitcoin investment and cryptocurrency portfolio management crucial.