#BTC Bitcoin weekly chart remains in a downtrend, with 6 consecutive weeks of bearish candles, the first 3 weeks with increased volume and decline, the last 3 weeks with decreasing volume and decline, MACD death cross, RSI entering oversold territory;

Currently, the price is approaching the long-term trend support level, key support zone: 60,000-57,000. If this zone holds effectively, there is potential for sideways consolidation and a rebound towards the upper resistance: around 74,000(head and shoulders neckline retest + trendline resistance), without breaking the downtrend line, a reversal is not confirmed;

On the daily chart, the price broke below the triangle convergence, below the lower Bollinger Band at 64,000, with an important support at 60,000 (a 9-turn signal appears). The triangle breakdown faces two possible paths:
1. A quick reclaim above the 67,000 trend line to form a false breakdown, creating a rebound structure.
2. A weak retest, continuing to break below 63,000-60,000, evolving into a downward flag continuation; daily MACD and RSI still show bearish momentum, but RSI is oversold;
In the short term, focus on the 4-hour chart for trading opportunities.