🔻 BTC MAY BE LOSING THE RISING STRUCTURE
Support: 75.0K – 75.5K
Resistance: 79.8K – 80.2K
Target: 75.0K – 75.5K
$BTC is slipping out of the local rising channel while the broader wedge already shows signs of rejection from the upper zone. The latest drop into channel support looks weak, and this area now feels more like a breakdown point than a solid base.
If bulls fail to reclaim 79.8K–80.2K, BTC may continue rotating lower toward the 75.0K–75.5K support zone next. A strong recovery back above resistance would weaken this bearish setup quickly and put the structure back into continuation mode. ⚠️
Do you see BTC breaking down from here, or can buyers still rescue this structure?