BTCUSDT – Bearish Flag Formation, Downside LikelyBitcoin / TetherUSBINANCE:BTCUSDTJustTechnicalsBitcoin continues to remain under bearish pressure, with the broader structure still favoring the downside. The current price action is forming a consolidation pattern that is evolving into a bearish flag, a continuation pattern typically seen within downtrends. Notably, a similar bearish flag formation was observed earlier, which resulted in a strong sell-off. The current setup reflects a comparable structure, increasing the probability of a downside breakout. Market Outlook Trend: Bearish Pattern: Bearish Flag (Continuation) Expectation: Breakdown likely, leading to lower prices ahead Strategy 📉 Bias: Sell on strength Look for shorting opportunities near the upper boundary of the flag Avoid chasing price at lower levels Wait for either a pullback or confirmed breakdown for better entries Conclusion BTC remains in a bearish grip, and the ongoing consolidation appears to be a pause before the next leg down. Until proven otherwise, rallies are likely to be selling opportunities rather than trend reversals.