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#Bitcoin has broken down from the rising structure and is retesting the breakdown area around $66K - $66.5K
This is a critical moment. A rejection here for BTC could validate the breakdown and open the door to $63K before the $60K zone and potentially lower.
For the bearish setup to remain valid, I’d want to see this retest fail.
A clean reclaim above the broken structure would weaken the bearish outlook.