BTCUSD Price Forecast: Bearish Breakdown Below Ascending ChannelBitcoin / U.S. dollarBITSTAMP:BTCUSDAlpha_Structure05# BTCUSD Price Forecast: Bearish Breakdown Below Ascending Channel BTCUSD has broken down below its ascending channel and Ichimoku Cloud support, indicating strong bearish momentum. As long as price remains below the 63,600–64,000 resistance zone, the short-term bias stays bearish. 📉 Bearish Scenario A continued rejection below channel resistance may push BTCUSD toward: 🎯 Target 1: 61,156 🎯 Target 2: 59,482 📈 Bullish Invalidation A strong 3H candle close back inside the channel above 64,000 would invalidate the bearish outlook and could trigger a recovery higher. Key Levels Resistance 1: 63,600–64,000 Support 1: 61,156 Support 2: 59,482 Bearish Invalidation: 3H Close Above 64,000