Bitcoin rejected at 79384.4 after EMA shelf break, next stop 76947.2 Bitcoin slipped to 77,748 as the 1h chart flipped bearish, and the $BTC setup is a textbook smart money move: rejection at the buy-side pool, then a break below the 78,148.2-78,253.2 EMA shelf. News flow is mixed. Russia's Sberbank plans to accept BTC, ETH and USDT as collateral for loans, a move that could let miners hold coins instead of selling. Meanwhile, U.S. spot ETH ETFs logged ten straight inflow sessions, but that money is favoring ETH/BTC, not BTC itself. On the weekly, BTC still needs to clear the MA50 at 81,000. The chart: price got taken out from 79,384.4, displaced down through the EMA shelf, and is now trading in discount. The bearish order block sits at that same shelf, so the expected path is a retest of 78,148.2-78,253.2, where offers should defend, followed by a continuation toward the sell-side pool at 76,947.2. Invalidation is a reclaim of 79,384.4. If we close back above that buy-side pool, the bearish read is off and the focus shifts to the weekly MA50. Until then, the intraday bias remains lower. What to watch: the reaction at 78,148.2-78,253.2. A rejection with short wicks keeps the 76,947.2 target alive. Also watch whether Sber's collateral plan changes miner behavior, and whether ETH ETF flows keep draining BTC allocation. Would you buy the retest at the order block, or wait for a reclaim of 79,384.4? This is one of several charts the group gets each day - check my bio. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Macro Insights#