BTC/USD — Bearish breakout from the symmetrical triangleBitcoinVANTAGE:BTCUSDfullpriceactionBitcoin has just confirmed a bearish breakout from a symmetrical triangle on the 2-hour timeframe. Since late February, price had been compressing between a descending resistance line drawn from the 76,000 $ highs and an ascending support connecting the lows around 63,200 $. The structure has now resolved to the downside, with a clean break below the ascending trendline. Price is currently sitting at 68,256 $ and has also lost the horizontal pivot zone between 68,500 and 69,900 $, which acted as support on multiple occasions between March 9 and March 21. This zone now flips into resistance. The confluence of the triangle breakdown and the loss of this horizontal level significantly strengthens the bearish bias. The lower highs structure has been clear since early March: 76,000 → 74,000 → 71,000 → 70,000. Each bounce has been weaker than the previous one, signaling progressive buyer exhaustion. The current breakdown confirms this dynamic. The natural target for this triangle exit sits at the major support around 63,220 $, which corresponds to the late February lows. This level represents an institutional demand zone that triggered a strong bounce at the time. That's roughly a 7% drop from the current price. On the invalidation side, a reclaim above 69,900 $ with a reintegration of the triangle would negate the short scenario and hand control back to the bulls. Bias: bearish as long as price stays below 69,900 $. Target: 63,220 $.