BTCUSDT Technical Analysis (2D Timeframe)

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BTCUSDT Technical Analysis (2D Timeframe)Bitcoin / TetherUSBINANCE:BTCUSDTLucasCapital_ProBTCUSDT Technical Analysis (2D Timeframe) 📊 Market Structure: Bearish Breakdown Setup Bitcoin has broken below a rising trendline, indicating a potential shift from bullish structure to bearish momentum. The recent rejection from the upper channel followed by a strong breakdown candle confirms selling pressure entering the market. 🔎 Key Observations: • Rising trendline breakdown confirmed • Rejection from upper resistance channel • Strong bearish engulfing momentum • Structure shifting towards lower lows 🎯 Bearish Targets: • TP1: 52,900 • TP2: 35,600 🛑 Stop Loss: Above 72,000 ❌ Invalidation: A strong 2D close back above 72,000 may invalidate the bearish setup. 📉 Bias: Bearish while price remains below broken trendline and resistance zone.