BTCUSD Bearish Continuation – Target at $80,200

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BTCUSD Bearish Continuation – Target at $80,200Bitcoin / U.S. dollarBITSTAMP:BTCUSDAlpha_Trade_Scope BTCUSD is showing strong bearish momentum on the 1-hour chart after breaking below the previous support zone and the rising trendline. Price has been forming lower highs and lower lows, indicating that sellers remain in control. Currently, Bitcoin is consolidating around $81,468, but the overall market structure continues to favor a downside move. The key resistance zone around $84,200–$84,400 remains an important barrier for buyers, while immediate price action suggests further selling pressure. If BTCUSD breaks below the recent consolidation and maintains bearish momentum, the price could move toward the major support zone near $80,200. 🎯 Target: $80,200 📉 Direction: Sell / Bearish 🛑 Resistance: $84,200–$84,400 🟢 Support / Target Zone: $80,000–$80,200 Trade outlook: The bearish scenario remains valid while price stays below nearby resistance. A clear breakdown below the recent consolidation would strengthen the possibility of a move toward $80,200. If support holds or price reclaims resistance, the bearish setup may weaken.