BitcoinBitcoin / TetherUSBINANCE:BTCUSDTMARKET_WIZARD1Bitcoin has continued its bearish movement over the past several weeks, breaking below key support levels and confirming weakness across the higher timeframe structure. The recent rejection from the mid-range resistance zone indicates that sellers remain in control for now. Looking at the weekly chart, BTC is approaching a major support area between $56,000 and $48,000. This zone has historically attracted strong buying pressure and could serve as a potential reversal area. In many cases, when price reaches such significant support levels, we often see at least a temporary relief rally or corrective bounce. The descending trendline and previous support-turned-resistance zone around $85,000–$92,000 remain the key barriers for any bullish recovery. If Bitcoin manages to reclaim this area, momentum could shift in favor of buyers. Until then, the broader trend remains cautious. From a market structure perspective, the current decline appears to be part of a larger corrective phase. As long as price remains below the major resistance zone, traders should be prepared for increased volatility and the possibility of deeper downside moves. Key Levels 🔹 Major Support Zone: $56,000 – $48,000 🔹 Immediate Resistance: $75,000 – $80,000 🔹 Major Resistance Zone: $85,000 – $92,000 Outlook A strong reaction from the support zone could trigger a recovery toward the resistance area. However, a weekly close below support may open the door for further downside and a potential test of lower liquidity zones. As always, wait for confirmation before entering positions and manage risk carefully. ⚠️ This analysis is for educational purposes only and not financial advice. 💬 What's your view on Bitcoin? Do you expect a bounce from support, or could BTC continue lower before finding a bottom? 🚨 Always use proper risk management and set a Stop Loss on every trade.