btc Bitcoin / U.S. dollarBITSTAMP:BTCUSDNRZ-TRADEROn the monthly timeframe, Bitcoin appears to have broken its long-term ascending trendline. After the initial blue trendline break, price continued higher for a while, but the current structure now suggests that the broader trend may be weakening. At this stage, BTC could remain in a wide-ranging consolidation phase for an extended period. Based on the current structure and the similarity to the historical circled pattern, a bearish long-term scenario toward the 30 𝐾 – 30K– 38K zone remains possible. Pay close attention to the circled area from the past — after that formation, Bitcoin experienced a sharp rejection. If the current structure develops in a similar way, it could indicate another significant downside move. That said, this is still a scenario, not a certainty. The key confirmation would be whether BTC continues to trade below the broken trendline and fails to reclaim it on a retest.