🚨 BTC Market Alert: Bearish Continuation Confirmed? 📉
The $BTC 1H chart is flashing warning signs. After a sharp rejection from the HTF Supply Zone, Bitcoin has failed to reclaim its broken structure and remains trapped under descending channel resistance.
🔍 The Technical Outlook
The recent pullbacks show weak bullish intent, signaling a classic distribution phase before a potential move lower. As long as we trade below the channel, the bears remain in control.
📉 Bearish Scenarios (Targets)
If the current momentum holds, watch for a slide toward:
Target 1: 85,500
Target 2: 84,500 (Major HTF Demand)
🚀 The Bullish Flip
What invalidates this? We need a strong reclaim and candle close above the descending channel. A break here would shift the momentum back to the bulls.
📊 Key Levels to Watch
🔴 Resistance: 88,200 – 88,600
🟢 Support: 85,500 → 84,500
What's your move? Are you shorting the distribution or waiting for the demand test? Let me know below! 👇
The $BTC 1H chart is flashing warning signs. After a sharp rejection from the HTF Supply Zone, Bitcoin has failed to reclaim its broken structure and remains trapped under descending channel resistance.
🔍 The Technical Outlook
The recent pullbacks show weak bullish intent, signaling a classic distribution phase before a potential move lower. As long as we trade below the channel, the bears remain in control.
📉 Bearish Scenarios (Targets)
If the current momentum holds, watch for a slide toward:
Target 1: 85,500
Target 2: 84,500 (Major HTF Demand)
🚀 The Bullish Flip
What invalidates this? We need a strong reclaim and candle close above the descending channel. A break here would shift the momentum back to the bulls.
📊 Key Levels to Watch
🔴 Resistance: 88,200 – 88,600
🟢 Support: 85,500 → 84,500
What's your move? Are you shorting the distribution or waiting for the demand test? Let me know below! 👇