BTC/USD (Bitcoin) chart pattern..

BTC/USD (Bitcoin) 1D (Daily) chart 👇

✅ Current Price: around $110,685
✅ Trend: Bearish breakdown — price has clearly broken below the long-term ascending trendline.
✅ Market structure: After rejecting near $117,000, BTC dropped below both the Ichimoku cloud and the trendline — confirming downside pressure.


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🎯 Target Levels (Downside)

1. Primary Target: $100,000 – $98,000


2. Extended / Final Target: $94,000 – $92,000

This is the second target point shown on my chart.

It would be the next major support if BTC continues falling after $98,000 breaks.


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🛡 Resistance / Stop-Loss

Immediate resistance: $113,000 – $114,000 (broken trendline retest zone).

Stop-loss for short trades: above $115,000 – $116,000 (invalidates bearish setup).



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🔍 Summary

Trend bias: Bearish (break of trendline + below cloud)

Sell zone: $111,000 – $113,000

Target 1: $100,000 – $98,000

Target 2: $94,000 – $93,000

Stop-loss: above $115,000