BTCUSD BEARISH FLAG (READ CATION)Bitcoin / U.S. dollarBITSTAMP:BTCUSDjassica999Hi traders what do you think about BTCUASD BTCUSD is currently forming a bearish flag pattern after a strong downward move. This type of structure is often considered a continuation pattern, meaning the market may continue its bearish trend if the flag support is broken. Price is currently trading below major resistance zones, and sellers remain in control unless buyers can reclaim higher levels. The resistance areas at 63,900 and 65,400 are key zones to watch. A rejection from these levels could strengthen bearish momentum and increase the probability of a move toward lower support levels. On the downside, 61,000 remains an important support level, while the 59,000 demand zone could act as the next major target if bearish pressure continues. 🔻 Resistance: 63,900 🔻 Second Resistance: 65,400 🔹 Support: 61,000 🔹 Demand Zone: 59,000 Traders should wait for confirmation before entering positions, as false breakouts and liquidity grabs are common around key technical levels. Please like comment and follow thank you