$BTC kicked off the week under strong bearish pressure, setting the stage for potential downside continuation.
After the initial sell-off, price entered a modest corrective phase. What’s forming now looks like one of our favorite setups — a failed double bottom pattern.
We're closely watching the key support level. If that support breaks, it could trigger the next leg down and provide a solid short opportunity.
Patience is key — let the market confirm the move, then we execute.
Bitcoin is showing clear bearish momentum after a strong rejection from higher levels.
The recent bounce looks more like a temporary relief rally than a true trend reversal. Price is currently sitting above a weak support zone, and sellers remain in control.
📉 Key Scenario: • Weak support is being tested • Market structure remains bearish • A confirmed breakdown could open the door for further downside
🎯 Main target area: 70K region
Patience wins. No need to predict the move — let the market confirm the breakdown first, then react accordingly.
What's your view on BTC? Bullish or Bearish? 👇🔥
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