Overall Picture (1H BTC/USDT)Bitcoin / TetherKUCOIN:BTCUSDTcryptodailyukTrend: Clearly downward You have a classic downtrend line (purple) → price respects it Structure: Lower highs + Lower lows = Downtrend 🔑 Key Levels 🟢 Resistance: 71,000 – 71,100 → Local resistance 71,999 (~72k) → Strong resistance (previous support) 73,600 → HTF level (if we return higher) 🔴 Support: 69,600 – 70,000 → Current fight zone 68,500 → Next support 66,800 → Stronger level below 📊 What the indicators say RSI: ~45 → Neutral, no bullish advantage Slight bounce, but no Strength MACD: Downward momentum is slowing but no strong bullish crossover 👉 This is more of a consolidation than a trend reversal 🧠 Interpretation You now have: A rebound after a decline But a lower high → a bearish continuation setup So: 👉 This looks like a bear flag/correction in a downtrend 🎯 Scenarios ❌ Downward scenario (more likely) If: Rejection from 70.5k–71k No trendline breakout 👉 Target: 68.5k Then 66.8k ✅ Upward scenario (conditional) To think long: Trendline breakout + 71k Preferably a retest and hold 👉 Then target: 72k 73.5k ⚠️ Most important For this Moment: 👉 no trend change 👉 only a correction in the downtrend