Bitcoin Update 06MAR2026: Market Accumulated Power for BreakdownBitcoin / TetherCOINBASE:BTCUSDTaibekPrice accurately followed the map for corrective structure posted earlier i changed labeling from abc to wxy as it's double three the wave y looks over as it retested the peak of wave w now, the market accumulated enough power to break down recent strong support around $61k that rejected the drop earlier watch how it works this time RSI is slightly above 50 "waterline", it should get back underneath to support the idea once cracked, there is nothing below until $42k according to volume profile it is considered to be shallow but let us see what it was made of the last resort still sits at $27k signs of reversal could appear only above $85k