Bitcoin is coming down very nicely in 2026. We can see a pretty strong and extended decline over the last month or so, especially since price also broke through the corrective channel support near 71k, which confirmed that the recovery from the February lows unfolded as a counter trend movement and in three waves. We can see that price already retested the lows of the year before the current rebound appeared, which now still looks like it can be a wave four rally as part of an ongoing and incomplete impulsive decline. We think this weakness can send prices even closer to 55k, maybe even 50k, which could be a very important support level for Bitcoin this year.