## BTC/USDT — Macro View | The Bigger Picture | June 5Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.Porigami_capital33## BTC/USDT — Macro View | The Bigger Picture | June 5 Sometimes you need to zoom out. This chart goes back to mid-2024 — and what it shows is sobering. BTC rallied from **$55,000** all the way to **$92,500** in late 2024, consolidated, pushed to new highs in early 2026, and has now dropped **-17.51%** in a single candle — one of the sharpest moves this cycle. Price is currently at **$60,754** and sitting right on the **second major dashed support level** that has held since 2024. The first dashed level at **$61,371** has already been breached. This second one at **$60,754** is the last line of macro defence before open air below. The structure tells the story: - **-OB printed** at the recent highs around **$82,500** ✅ - **BOS confirmed** on the macro timeframe ✅ - **Alligator fully open** to the downside ✅ - **Both major support levels** now being tested ✅ Above price, the key levels to reclaim for any bullish case are: - **$63,882** — immediate resistance - **$70,033** — model target / structure - **$74,156–$75,356** — Alligator levels - **$78,726** — major resistance **The macro picture is bearish until structure proves otherwise.** A daily close back above **$63,882** would be the first sign of recovery. Until that happens, every bounce is a potential distribution point. This is the chart I am watching most closely right now. #Bitcoin #BTC #BTCUSDT #MacroAnalysis #ICT #InnerCircleTrader #SmartMoney #BOS #OrderBlock #Alligator #BillWilliams #MarketStructure #PriceAction #CryptoTrading #TradingView #BTCAnalysis #Crypto #CryptoMarket #origami_capital33 > *Not financial advice. Always trade your own plan and manage your risk.*