BTC Update – Bearish Structure in Play!

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BTC Update – Bearish Structure in Play!Bitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PCoreCrypto1Hey Traders! πŸ‘‹ If you’re enjoying this analysis, smash that πŸ‘ and hit Follow for high-accuracy trade setups that actually deliver! πŸ’Ή Bitcoin is forming a clear Head & Shoulders pattern, and price is now breaking down from the neckline support. Market Structure: β€’ Head & Shoulders formation β€’ Neckline breakdown in progress β€’ Weak bounce after breakdown Short Trade Setup: Entry: CMP / retest around $62.5K – $63K Stop Loss: Above $65.5K Targets: β€’ $60K (first support) β€’ $58K – $57K (major zone) Outlook: Further downside expected if price fails to reclaim the broken support Clean pattern + breakdown = high-probability move Don’t fight the structure. Follow the trend. Stay cautious. Manage risk.