Bitcoin (BTC) Macro Bearish Breakdown

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Bitcoin (BTC) Macro Bearish BreakdownBitcoinCRYPTO:BTCUSDbetrader2025This BTC/USD daily chart highlights a recurring bearish market structure that has appeared multiple times throughout Bitcoin's recent cycle. After reaching a major peak above $120,000, Bitcoin has formed a series of rising wedge and bear flag patterns, each followed by a downside breakdown. The chart suggests that BTC is currently testing a critical support zone around $65,000. A confirmed breakdown below this level could trigger accelerated selling pressure and open the path toward the next major historical support area near $25,000–$28,000, marked by the turquoise demand zone. Key observations: Multiple rising wedges have broken to the downside. Lower highs continue to form, indicating weakening bullish momentum. Previous resistance around $95K–$100K has turned into a strong supply zone. The projected move (blue arrow) anticipates a continuation of the broader bearish trend. Major long-term support lies near the 2023–2024 accumulation range around $25K. Bearish Scenario: A decisive close below the current support structure could lead to a deeper correction toward the $25K region. Bullish Invalidation: A strong recovery above the $75K–$80K range and reclaiming the $95K–$100K resistance zone would weaken the bearish outlook and suggest a potential trend reversal. This chart represents a technical analysis scenario based on price structure and pattern recognition, not financial advice. ig: baatar.buten.mongol