BITCOIN Breaking Down – Is $78K Inevitable?

3月28日

BTCUSD is continuing its bearish trend after rejecting from the resistance level within the descending channel. The price formed a converging triangle at this level and broke out to the downside, confirming strong selling pressure.

If sellers maintain control at this level, we could see a drop toward the $78,000 level, which aligns with a key support level. This zone could serve as a short-term target within the current bearish market structure. However, failure to break below this support zone could invalidate the bearish outlook and signal a potential rebound.

Traders should monitor bearish confirmation signals, such as weak pullbacks, lower highs, or increasing selling volume, before entering short positions.

If you agree with this analysis or have additional insights, feel free to share your thoughts here!

3月29日

交易進行

3月30日

交易結束：目標達成

I closed 50% of the position here, letting the rest run toward the final target.