Bitcoin (BTC/USD) Price Outlook – Trade SetupBitcoin / US DollarCOINBASE:BTCUSDATFX_Global🌐Macro Background Bitcoin dropped on Tuesday, reversing its weekend recovery amid ongoing worries about sustained high U.S. interest rates and institutional selling. Institutional investors are exiting spot ETFs, continuing a trend of heavy capital outflows in the crypto sector. Additionally, optimism over U.S.-Iran peace talks is dwindling as investors await more substantial negotiations. 📊Technical Structure Bitcoin is in a descending trend channel on the daily timeframe, indicating short-term bearish momentum. Key Resistance Zone: Resistance is between $64,150 and $65,364, where the price faced strong selling at the upper trendline. Key Support Zone: Support lies between $60,312 and $61,256, aligning with previous swing lows and the channel's lower boundary. 🎯Trade Setup (Short Bias) Short trade within the $64,150 to $64,364 range if price fails to break above the breakdown level or reacts to the mid-range dashed line in the resistance zone. 📌Invalidation A break above $65,364 and the upper descending channel line invalidates this bearish setup and signals a broader trend reversal. 📌Trade Summary Bitcoin remains structurally weak as macro headwinds and ETF outflows choke upward momentum. Unless buyers force a clean break above $65,500, expect a move toward the $61,256–$60,312 support floor. ⚠️Disclaimer This analysis is for reference only and does not constitute trading advice. Financial markets involve significant risk; proper risk and position management are essential.