BTCUSD: Descending Trendline Breakout or Liquidity Retest?Bitcoin / U.S. dollarBITSTAMP:BTCUSDXAUApex🔹 BTCUSD remains within a broader bearish market structure, with price forming lower highs and lower lows inside a descending trendline. Recent price action shows a reaction from the 62,287–62,400 support area, while the market is currently consolidating around 63,000. Above price, the 64,400–64,547 zone stands out as a key resistance and liquidity area. A sustained move through the descending structure could indicate a potential shift in short-term momentum, if confirmed by price action. 🔸 From the current structure, BTCUSD could face two-sided possibilities. A bullish breakout above the descending resistance may open room for a retest of the highlighted liquidity zone around 64,400–64,547. On the other hand, rejection from resistance or a breakdown below the 62,287–62,400 support area could keep the bearish structure intact and expose lower levels. Traders may wait for clear confirmation before considering any trade, while monitoring how price reacts around these key zones. This analysis is for educational purposes only and does not constitute financial or investment advice. Always conduct your own research before making trading decisions.