Bitcoin at Resistance – Another Leg Down Before Reversal?Bitcoin / U.S. dollarBITSTAMP:BTCUSDdine_andersonBTCUSD – Retest Incoming? Watching for Double Bottom at 65.5k Bitcoin remains in a clear short-term downtrend, with price trading below the 200 EMA and forming lower highs. After the recent sell-off, price is now consolidating and attempting a weak push higher, but is running into confluence resistance: Descending trendline EMA cluster Previous structure resistance (~66.6k – 67k) So far, price is struggling to break above this zone, suggesting this move may be a bearish continuation (flag/relief rally) rather than a true reversal. - Scenario I'm Watching Bearish case (more likely for now): Rejection from current resistance Move back down toward 65.5k support Possible liquidity sweep below - Double Bottom Setup (conditional): Price revisits ~65,500 Strong rejection (wicks + momentum) Break above recent lower high (~66.8k – 67k) Only then would a double bottom be confirmed. - Key Levels Resistance: 66.6k – 67k Support: 65.5k Breakdown below 65.5k → opens downside toward 64k