BTC Approaching Key Trendline Resistance – Possible Continuation

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BTC Approaching Key Trendline Resistance – Possible ContinuationBitcoin / USDBINANCE:BTCUSDGoldenWave_AnalyticsBitcoin is currently trading within a clear descending structure on the 4H timeframe, respecting a well-defined trendline. Price continues to form lower highs and lower lows, maintaining bearish market structure. At the moment, price is approaching a confluence zone where the descending trendline aligns with a horizontal resistance area near 71,900. This level has previously acted as a rejection zone, making it an important area to watch. If price fails to break above this resistance and shows signs of rejection, the existing trend structure may remain intact, potentially leading to a move back toward the 65,000 support region. On the other hand, a strong breakout and sustained move above the trendline could signal a possible shift in short-term structure. This analysis is based on price action and market structure. Waiting for confirmation at key levels may help reduce uncertainty. For educational purposes only, not financial advice.