BTCUSD Daily Analysis: Bearish Trend Still in ControlBitcoinOANDA:BTCUSDLunadigitalBitcoin remains in a bearish market structure, trading below a long-term descending trendline. The current recovery appears to be a retracement, with price approaching a major resistance zone where sellers could regain control. A rejection from the trendline and resistance area may trigger another impulsive move to the downside, targeting the 34,000 support zone, where significant liquidity and long-term demand could be found. Key Levels * 🔴 Resistance: Descending Trendline & Strong Resistance Zone * 🎯 Potential Downside Target: 34,000 * 📉 Bias: Bearish until a confirmed breakout above resistance * 📊 Watch for rejection and market structure confirmation. ⚠️ Not Financial Advice. This analysis is for educational purposes only. Always trade with proper risk management.