The market sentiment for Bitcoin is currently bearish, with a potential for further downside. The price action on the daily chart shows a break below a significant support level, and a potential retest of previous lows. The RSI also indicates bearish momentum. However, there is a potential for a short-term bounce or consolidation as the price approaches a key support zone. Investors should remain cautious and monitor the price action closely for confirmation of further downside or a potential reversal.