BTCUSD bearish update

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BTCUSD bearish update BitcoinOANDA:BTCUSDephraimiykkSupport at $66,400 has been decisively broken, confirming weakness in the current structure. Price failed to hold above key demand, shifting momentum to the downside. 📌 Entry: $65,600 (Short) 🎯 Targets: $65,000 / $64,200 🚧 New Resistance: $66,400 (flip zone) 🛑 Stop Loss: $66,800 The breakdown suggests: • Market structure shift (bullish → bearish) • Support turned resistance at $66.4K • Increasing sell pressure with lower highs forming I’ll be watching for a retest of $66.4K — if rejected, it strengthens the short bias. A clean breakdown continuation could push price into the next demand zone around $64K. Stay patient and let the market confirm 📊