@mikeknows.io: 🚨 MARKET UPDATE 🚨 Bitcoin continues to trade underneath the macro bear flag structure we’ve been tracking for weeks. Ever since we saw confirmation candles closing below support, the probability of further downside increased significantly, which is exactly why we’ve remained cautious. At the same time, USDT.D found support right on top of previous resistance from its macro bull flag pattern. Historically, when USDT.D moves higher, Bitcoin and altcoins tend to face pressure, making it an additional layer of confirmation that supported the bearish outlook. Right now, all eyes are on the $59,000 support zone. 📍 Bullish Scenario: If Bitcoin can hold this area, reclaim nearby resistance levels, and push through key areas of resistance, we could see some short-term relief and a move higher. 📍 Bearish Scenario: If Bitcoin starts breaking underneath $59,000 and we get confirmation candle closes below that level, I wouldn’t be surprised to see price seek liquidity lower, potentially testing the $57,000-$52,000 range. Investing is based on probabilities, not certainties. That’s why I like showing both sides of the coin so you can understand what a bullish outcome looks like and what a bearish outcome looks like. Not financial advice. This is simply my outlook on how the market currently stands. #Bitcoin #Crypto #BTC #Altcoins #CryptoNews

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Thursday 25 June 2026 19:43:15 GMT