BTCUSDT: Head & Shoulders Signals Further Downside Toward 60,7KBitcoin / TetherUSBINANCE:BTCUSDTRatnerHello everyone, here is my breakdown of the current BTCUSDT setup. Market Analysis BTCUSDT previously traded inside a strong ascending channel before breaking below support, signaling a shift in market structure. After the breakdown, price continued lower beneath a descending trendline, confirming growing bearish pressure. Currently, BTCUSDT is trading below the 66,000 Resistance Zone while holding above the 60,700 Support Zone. A Head and Shoulders pattern has formed beneath resistance, and the recent rejection from the trendline suggests that sellers remain in control. The right shoulder has already been completed, increasing the probability of another downside move. My Scenario & Strategy As long as BTCUSDT remains below the 66,000 Resistance Zone and continues to respect the descending trendline, the bearish scenario remains valid. A rejection from current levels could push price toward the 60,700 Support Zone (TP1). However, if BTCUSDT breaks above the resistance zone and invalidates the Head and Shoulders pattern, the bearish outlook would weaken and a stronger recovery could follow. That’s the setup I’m tracking. Thank you for your attention, and always manage your risk.