BTCUSD Daily Chart Analysis: Bearish Retest Below Major SupportBitcoin / USDBINANCE:BTCUSDKingProTraderMarket Structure This BTCUSD 1D chart shows a clear bearish market structure shift: The previous support around $80,000 was broken earlier (marked as BOS – Break of Structure). After the breakdown, price formed a lower high and failed to reclaim previous resistance. The recent selloff pushed BTC below the important $64,000–$66,000 support zone (highlighted in pink). Key Technical Observations ✅ Support Turned Resistance The black horizontal level around $66,130 acted as support multiple times. Price has now broken below it, making it a potential resistance area. ✅ Bearish Retest Setup The drawn projection suggests a pullback toward the broken zone. If sellers defend the $64K–$66K area, the retest could trigger another leg down. ✅ Moving Average Pressure Price is trading below the red moving average. The moving average is sloping downward, confirming bearish momentum. Bearish Scenario (Higher Probability Based on Current Structure) Price retests $64K–$66K. Rejection from resistance. Continuation toward lower liquidity zones. Potential downside targets: $58,000 $55,000 $52,000 $50,000 psychological level Invalidation The bearish outlook weakens if: BTC closes back above $66,130. Buyers reclaim the resistance zone and hold it as support. A higher high forms above the recent swing high near $81,000. Trading Bias Current Bias: Bearish 📉 As long as BTC remains below the $64K–$66K supply/resistance zone, sellers appear to control the market and further downside remains likely.