BTCUSD 15M: Bearish Breakdown Setup – Key Support Under PressureBitcoinOANDA:BTCUSDGold_Market_MindBTCUSD 15M Technical Analysis BTCUSD is showing signs of weakness after rejecting the upper boundary of the ascending channel. Price has failed to make a new high and is now drifting lower toward a key support zone around 61,680. This area is critical—if buyers fail to defend it, the probability of a deeper bearish move increases. The chart suggests a potential break-and-retest scenario. A decisive close below support followed by a weak retest could confirm bearish continuation, opening the way toward the 59,620–59,650 target region. The bearish projection also aligns with the lower structure of the recent price action. Key Levels Resistance / Stop Loss: 62,400–62,420 Support / Entry Trigger: 61,680 Bearish Target: 59,624 Trade Idea Wait for a confirmed break below 61,680. Look for a retest of the broken support as new resistance before considering short entries. A move back above 62,400 would invalidate the bearish setup and favor buyers regaining control. Bias: Bearish below 61,680, with confirmation required before entry.