According to Miles Deutscher, $BTC currently appears highly bearish, with technical indicators signaling increased downside risk for Bitcoin traders (source: Twitter, May 12, 2025). The chart shared highlights persistent downward momentum, including lower highs and increased selling volume. Crypto traders are advised to watch support levels closely as a breakdown could accelerate losses across the digital asset market. This ongoing bearish trend in Bitcoin may impact altcoin prices and overall crypto market sentiment.