BTCUSD Breaks Rising Channel | Bearish Momentum Builds

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BTCUSD Breaks Rising Channel | Bearish Momentum BuildsBitcoin / U.S. dollarBITSTAMP:BTCUSDGems-TradesBitcoin has broken below the rising channel, indicating that short-term bullish momentum has weakened. The recent rejection from the highlighted resistance zone suggests sellers are gaining control. If price remains below the broken structure, the market may continue toward lower support levels. 🎯 Targets: Target 1: 63,000 Target 2: 62,600 Target 3: 62,000 ❌ Invalidation: A sustained move back above 64,600 would weaken the bearish outlook.