Signal BTCUSD Sell — H4 - June 16, 2026 17:16 GMT-4
On the H4 chart Bitcoin (BTCUSD) has formed a clear descending structure since the peak at ~66,970. The last three candles show lower closes (66,396 → 65,730 → 65,655) and a widening down‑trend. The breakout below the 66,800‑66,900 resistance zone was accompanied by a surge in volume on the 66,730‑65,730 candle (≈40k contracts), confirming aggressive selling pressure. Earlier up‑thrust candles lacked volume backing, suggesting a weak bullish impulse that failed to hold. With price now testing the 65,600–65,800 support band and the next major demand zone around 63,000, the downside bias remains intact. The sell signal aligns with the breach…