BTCUSDTBitcoin / USDTMEXC:BTCUSDTHAMED_AZHello Traders! 👋 What are your thoughts on Bitcoin ? Bitcoin is currently trading around $83,000 after facing selling pressure in the $86,000–$87,500 resistance zone, where price previously failed to break higher and was rejected. From a technical perspective, BTC has broken below its ascending trendline, signaling weakening bullish momentum and the potential beginning of a corrective phase. We expect price to pull back toward the broken trendline and the highlighted resistance zone. Following this pullback, Bitcoin is expected to face rejection from this area, with renewed selling pressure potentially driving the price lower toward $75,100, corresponding to the 0.5 Fibonacci retracement level. As long as price remains below the broken trendline and resistance zone, the bearish outlook remains valid, and further downside is expected. However, a breakout above the broken level, confirmed by a candle close above it, would invalidate the bearish scenario and could indicate a potential bullish recovery. If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️