BITCOIN: I DON'T TRUST THIS RALLYBitcoin / TetherUSBINANCE:BTCUSDTNoMercyMarketsEveryone is looking for the next Bitcoin rally. I'm more concerned about what happens when that rally runs out of buyers. Looking at the daily chart, I'm not convinced BTC is ready for a sustainable recovery. The market is showing signs of weakness, key levels are under pressure, and recent attempts to recover have struggled to establish convincing bullish momentum. A short-term bounce is absolutely possible, but that doesn't mean the bigger picture has changed. And my biggest concern isn't even Bitcoin itself. It's the macro environment. Interest rates remain relatively high, money is expensive, and the technology sector is showing signs of stress. Investors are increasingly questioning whether the enormous capital flowing into AI infrastructure will generate the returns needed to justify ambitious valuations. I'm not saying AI has no future. I'm saying even great companies can become terrible investments when expectations get too high. If equities experience a deeper correction, I find it hard to believe Bitcoin will simply ignore it. BTC still behaves like a risk asset when liquidity dries up, and right now I don't see a strong enough positive catalyst to outweigh these concerns. My daily chart shows two potential scenarios. The first is a relief rally toward 80K to 83K, which could turn into another bull trap if buyers fail to reclaim and hold that area. The second is a direct continuation lower, without a meaningful recovery. In either bearish scenario, my first major downside area is 68K to 70K. If that support fails, 61K to 63K becomes the next important zone to watch. A sustained daily reclaim above 83K would weaken this bearish setup and force me to reconsider my outlook. I'm not bearish on Bitcoin's long-term future. I'm bearish on the idea that every bounce deserves to be called the beginning of a new bull market. For now, I prefer patience over chasing price. There may be opportunities ahead, but I believe the market still needs to prove that buyers are genuinely back in control. What do you think? Is Bitcoin preparing for a real recovery, or are we looking at another bull trap before a deeper correction? I'm especially interested in whether you believe BTC can hold up if technology stocks continue to weaken. Share your view in the comments. If you found this analysis valuable, give it a boost so more traders can join the discussion. Not financial advice. Just my personal technical view.