Macro Triangle Rejection & Bearish ContinuationBitcoin / U.S. dollarBITSTAMP:BTCUSDgoldsnipersignalsBitcoin (BTCUSD, 4-hour timeframe) is testing a major multi-month macro trendline confluence and resistance zone near 68,401. Price action shows a clean rejection from this upper boundary following a break and retest structure, indicating a high-probability reversal toward lower key support. Key Technical Highlights: Setup Thesis & Resistance Confluence: Price is rejecting from a major macro trendline and supply zone, signaling exhaustion from the recent recovery rally. Structural Objectives: Target 1: Primary support zone at 62,844 Trading Plan / Setup: Bias: Bearish (Sell / Short) Entry Zone: Current macro resistance and trendline retest region (~68,401) Stop Loss (SL / Invalidation): Placed strictly above the upper swing high / invalidation boundary (~70,072) Take Profit (TP): Targeted directly at the major support zone near 62,844 Educational Disclaimer: This analysis is published for educational and informational purposes only and should not be construed as professional financial or investment advice. Trading cryptocurrencies involves substantial risk of loss and is not suitable for every investor. Always perform your own due diligence and manage your risk accordingly before executing any trades.