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The bulls are losing their grip as Bitcoin confirms a bearish rising wedge breakdown, threatening its recent gains. After struggling to hold key support levels, BTC has now sliced through critical trendlines, opening the door for a deeper correction toward $73,919—a level that could determine whether this is a healthy pullback or the start of a steeper decline.
With selling pressure intensifying and market sentiment turning cautious, traders are watching closely to see whether Bitcoin can find stability. If the bears maintain control, BTC could face even steeper declines.
Bearish Momentum Strengthens: Signs Of Further Downside
After breaking out of the rising wedge pattern, Bitcoin has extended its bearish momentum, signaling a shift in control from bulls to bears. The breakdown from…
