BTC Update.
Price still inside macro descending channel → overall trend bearish
Repeated rejections from trendline + Ichimoku cloud resistance
Current structure = weak bounce/consolidation near 60K–64K
Cloud turning red → momentum still bearish
Key level: 60K support (break = continuation downside)
Only reclaim above 70K–72K flips structure bullish
Summary: Market in a compression zone before big move ⚠️ → breakdown more likely unless strong breakout
Price still inside macro descending channel → overall trend bearish
Repeated rejections from trendline + Ichimoku cloud resistance
Current structure = weak bounce/consolidation near 60K–64K
Cloud turning red → momentum still bearish
Key level: 60K support (break = continuation downside)
Only reclaim above 70K–72K flips structure bullish
Summary: Market in a compression zone before big move ⚠️ → breakdown more likely unless strong breakout
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