BTC/USD Near a Technical Decision Zone | Descending Trendline ReBitcoin / U.S. dollarBITSTAMP:BTCUSDMrgoldtrade2Bitcoin is trading close to a major descending trendline after a steady recovery from recent lows. The market has entered a technical decision area where the next reaction could influence the short-term structure. The projected path suggests a possible rejection from trendline resistance before price revisits lower support levels. This represents one technical scenario based on the current chart structure and should be confirmed through future price action. If buyers successfully establish acceptance above the descending trendline, the overall technical outlook would improve. Otherwise, the highlighted support zones remain the primary areas to monitor. Important Levels Resistance 64,600 64,800 65,200 Support 63,800 62,900 61,900 Potential Technical Objectives Objective 1: 63,800 Objective 2: 62,900 Objective 3: 61,900