Bitcoin (BTC/USD) 1H – Bears Take Control Below Key SupportBitcoin / U.S. dollarBITSTAMP:BTCUSDSir_Stylez_Bitcoin has shifted from a strong bullish trend into a short-term corrective phase after failing to sustain higher highs. The recent breakdown below key support levels suggests sellers are gaining momentum, while buyers must defend the current demand zone to prevent a deeper pullback. Technical Analysis The chart previously displayed a healthy bullish market structure with consecutive Higher Highs (HH) and Higher Lows (HL). However, after reaching the recent swing high near 64,300, buying pressure weakened and price began printing lower highs. The loss of support around 63,000 accelerated bearish momentum, with price now trading near 61,850. This area coincides with a previous reaction zone where buyers could attempt to regain control. The current structure favors the bears unless Bitcoin can reclaim the broken resistance.