Bitcoin Loses Key Level — Downside Pressure Building?Bitcoin / TetherUSBINANCE:BTCUSDTTheDukeOfCrypro1. Break Below 0.618 Support Bitcoin has now broken below the 0.618 Fibonacci level, which previously acted as support. This shift suggests weakening structure, as buyers failed to defend a key retracement zone. 2. Lower Highs Under EMA Resistance Price continues to print lower highs, while remaining below the 50 EMA, which is acting as dynamic resistance. This confirms short-term bearish pressure remains in control. 3. Reclaim Level to Watch For sentiment to shift, Bitcoin needs to reclaim the $71K region, which now acts as resistance. Until then, rallies may continue to be sold into. 4. Next Downside Level at 0.786 Fib If weakness continues, the next key area sits around the 0.786 Fibonacci level, which could act as the next support zone. In Summary Bitcoin has broken below the 0.618 Fibonacci support level, signalling a shift in short-term structure toward the downside. Price is now forming lower highs and remains below the 50 EMA, which continues to act as resistance. Any recovery would need to reclaim the $71K region to change sentiment. With volume remaining relatively neutral, the move lacks strong conviction. If downside pressure continues, the next key level to watch sits at the 0.786 Fibonacci retracement zone.