BTCUSD 15M — Bearish Continuation Scenario

Wait 5 sec.

BTCUSD 15M — Bearish Continuation ScenarioBitcoin / U.S. dollarBITSTAMP:BTCUSDapex_Legends005Bitcoin is trading around 78,401 on the 15-minute chart after a recovery from the 77,650–77,950 area. Price is now approaching the 78,500 region, where the chart shows a possible rejection area. The recent structure continues to show lower highs, while price remains under the Ichimoku cloud. If weakness continues from the current area, the projected path points toward the recent low around 77,650, followed by the main area of interest near 76,850–77,100. Key levels: • Current area: ~78,400 • Reaction area: ~78,500 • Recent low: ~77,650 • Main area of interest: 76,850–77,100 • Strong high: ~79,200 The downside scenario depends on price remaining below the current recovery area and continuing to respect the short-term structure. A strong move back above the recent swing structure would weaken this view.