BTCUSD Trading Below Channel Resistance | Support Breakdown in FBitcoin / U.S. dollarBITSTAMP:BTCUSDjimmy-trader1Bitcoin remains within a descending channel after failing to establish a sustained move above the upper trendline. The recent rejection from dynamic resistance, combined with repeated lower highs, suggests that bearish pressure is still influencing the short-term market structure. Price is currently hovering above an important horizontal support area around 64,300–64,350. A confirmed break below this zone could shift attention toward the next technical support levels. The projected path illustrates one possible scenario where price briefly retests resistance before extending lower. If buyers reclaim the descending channel resistance with strong acceptance, the short-term technical outlook would improve. Until then, the channel structure remains the primary technical guide. Key Resistance 65,000 65,300 65,600 Key Support 64,300 63,800 63,400 Potential Technical Objectives 🎯 Target 1: 64,300 🎯 Target 2: 63,800 🎯 Target 3: 63,400