$BTC Bitcoin ($BTC) is showing signs of weakness after a failed attempt to break above key resistance levels. With declining momentum and bearish divergence on the RSI, a short position may be favorable, especially if price breaks below recent support zones. Increased selling pressure, macroeconomic uncertainty, and potential regulatory actions are also adding to the downside risk. Traders eye $62,000 as a critical level—if breached, further decline toward $58,000 or lower is possible. Tight stop-losses are recommended due to Bitcoin’s volatility. Overall, sentiment is shifting cautiously bearish in the short term. Risk management remains crucial in this setup.