According to @CryptoInsights, Bitcoin (BTC) is exhibiting notable weakness on the 1-day (1D) timeframe, as confirmed by the recent price action where BTC broke below a key green trend line and failed to reclaim it after being rejected at the resistance marked by the white line (source: @CryptoInsights). Despite frequent news highlighting institutional BTC purchases, these events have not translated into immediate positive price movement (source: Cointelegraph, June 2024). This divergence suggests bearish momentum persists, and traders should monitor support levels closely for potential further downside in the short term.

According to Mihir (@RhythmicAnalyst) on Twitter, Bitcoin's (BTC) daily chart is displaying technical weakness as the price has broken below a key trend line and its recent consolidation structure (source: Mihir, Twitter, May 29, 2025). This breakdown may indicate increased bearish momentum and could lead to further downside pressure in the short term, which is critical information for crypto traders monitoring support levels and potential entry or exit points.