The analysis centers on Bitcoin (BTCUSD) utilizing a daily timeframe, identifying a developing bearish continuation pattern. The market is currently exhibiting an ascending channel formation following a previous significant downtrend, which is interpreted as a bear flag pattern. The Pro Trade Manager indicator shows a red dot, signaling a short entry, reinforcing expectations for a swift downward price movement. The projected target price for this bearish breakdown is approximately $54,000, derived by extending the length of the initial flagpole of the bear flag. For long-term investment entries, the strategy involves awaiting 'Fear' or 'Max Fear' sentiment signals, paired with a green dot from the Pro Trade Manager, indicating a potential market bottom akin to the 2022 Bitcoin bottom before a major bullish rally. Conversely, for short-term trading, a 'Caution' or 'Concern' signal coupled with a green dot might suggest a temporary rebound opportunity, contingent on the price holding above key structural support. Should the price breach the lower boundary of the bear flag, particularly with ongoing bearish indicators, it would affirm the downward trajectory towards the $54,000 target. The analysis underscores that prevailing bearish sentiment is likely to persist, leading to further price depreciation before a definitive long-term buying signal, characterized by extreme market fear, materializes.