BTC/USD slides toward 61045 as downtrend alignment holds firm

Bitcoin is grinding lower with every timeframe in agreement, and the tape offers nothing to argue with the prevailing trend.\n\nBTC/USD is down on the session and has traded a tight range between 61045 and 61945, reflecting a week that has already shed more than 4%. No fresh macro catalyst has entered the window, leaving price action to follow the path of least resistance — which continues to point south.\n\nThe setup is clean from a trend-following perspective. Price trades well beneath EMA20 at 62440 and EMA50 at 64364, the two immediate supply zones where rallies are expected to stall. EMA200 at 73970 is a distant structural reference that underscores how far the tape has deteriorated from peak levels. Trend is aligned down across the 1H, 4H and 1D, confirming this is not a short-term squall but a structured move. RSI sits in the lower half of its range without yet signalling extreme oversold conditions, leaving room for further downside before any mean-reversion impulse becomes a real risk. Volatility is extreme, which in a trending down regime amplifies the velocity of any break.\n\nWe lean short and sell any rally into the 61339–62440 supply pocket. A daily close above EMA50 at 64364 invalidates the bearish read and forces reassessment; until then, the trend follower's default is to stay with the flow and target 59077.