BTC/USD Bearish Breakdown: Descending Triangle Targets $80K

Chart Analysis (1H Timeframe):
BTC is flashing a classic bearish signal with a descending triangle formation—lower highs along the declining resistance (white downtrend line) meeting higher lows on the ascending support (white uptrend line). We've seen a clean breakdown below support on rising volume, confirming seller control. Momentum indicators show persistent bearish crossovers and "Bear" signals dominating, with no strong bullish reversal in sight.
Short-Term Outlook:
Price could slide to $80,000–$82,000 soon, based on the pattern's measured move (height projected down from the break, ~$5K–$7K drop). Watch for acceleration below $85,730 lows. Ideal short setup: Enter on retest of broken support (~$89K as stop-loss), targeting the zone for a solid 3:1+ risk-reward.
Validation & Risks:

Pattern Strength: Triangles like this break bearish ~70% in downtrends; multiple touches on both lines add reliability.
Confirmation: Volume spike on downside + negative divergence seals it.
Invalidation: Quick reclaim above support flips this bullish—stay nimble.

Not financial advice—trade at your own risk. What's your take? #BTC #Crypto #Bearish