BTCUSD Testing Descending Resistance | Bearish Structure Still iBitcoin / U.S. dollarBITSTAMP:BTCUSDMrgoldtrade2Bitcoin is approaching a long-term descending trendline after recovering from recent lows. While buyers have managed to stabilize price action, the market continues to trade beneath a major dynamic resistance level that has capped previous recovery attempts. The projected scenario illustrates a possible rejection from the descending trendline, followed by renewed downside pressure. If sellers defend this resistance area, price could revisit nearby support levels and extend the current corrective structure. A sustained breakout and close above the descending trendline would improve the short-term technical outlook. Until then, monitoring price behavior around resistance remains important. Key Resistance 64,600 64,800 65,200 Key Support 63,800 62,900 61,900 Potential Technical Objectives 🎯 Objective 1: 63,800 🎯 Objective 2: 62,900