BTC: Long-Term Downtrend Confirmed

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BTC: Long-Term Downtrend ConfirmedBitcoin / USDBINANCE:BTCUSDAnhbaCong_BTC: Long-Term Downtrend Confirmed – Triggering Optimal Short Setup on Technical Rebound Bitcoin has officially confirmed its long-term macro downtrend following the buyers' complete failure to reclaim the pivotal $85,000 neckline boundary. Persistent selling pressure over the past two months has driven the price action into a decisive plunge toward the $59,000–$60,000 support range. The total exhaustion of buying demand at this level indicates that the bulls have completely lost their defense capability, clearing the path for further structural declines ahead. Based on the visual data from the weekly chart , a major reversal pattern has fully materialized and unfolded in line with our previously analyzed technical roadmap. The market has just printed a technical pullback to retest the $65,000 resistance ceiling. Within a confirmed downward framework, this relief bounce does not reflect underlying buying strength, but rather serves as a necessary cooling-off phase for the bears to re-accumulate momentum for the next expansion leg down. With the price action currently hovering directly at the $65,000 mark, this represents the prime window to proactively execute a trend-following Short position. Entering at this level provides a supreme structural edge, maximizing the risk-to-reward (RR) ratio while allowing for a tight stop-loss placement directly above the resistance barrier to protect capital, targeting a deeper support floor below. Disclaimer: This is not financial advice, DYOR.