A strong U.S. dollar and high U.S. Treasury yields are pulling short-term capital away from risk assets like Bitcoin 💵⬆️
• Expectations that the Federal Reserve will delay rate cuts continue to weigh heavily on crypto sentiment 🏦
• On top of that, large funds are slowing down capital deployment, preferring cash as uncertainty remains high 😶🌫️
All of this creates an unfavorable environment for BTC in the near term.
📊 Technical Structure
From a technical perspective, BTCUSDT saw a sharp sell-off, followed by a weak and corrective bounce. This recovery has now formed a Bear Flag pattern on higher timeframes 🐻🚩 — a classic bearish continuation setup.
As long as price keeps getting rejected near the upper boundary of the flag, sellers remain firmly in control. This increases the probability of further downside, with price potentially moving toward lower liquidity zones ⬇️💥
👉 My Personal View
I expect BTCUSDT to continue moving lower in the coming sessions unless the structure clearly breaks to the upside.
What’s your view on the market? 🤔
Bullish or bearish from here?
Share your thoughts in the comments 👇💬
$BTC
#BTCUSDT #Bitcoin #CryptoMarket #BearFlag #PriceAction #TradingView 🚀📉
