$BTC Structure is starting to look increasingly bearish.
After failing to reclaim the previous high, BTC has now printed a clear lower high and is moving back toward the
recent low around $76.9K.
That level remains my main short-term target for now.
If buyers manage to defend it again, we could see another bounce and would have to reassess from there.
However, if $77K gives way and price finds acceptance below it, I would expect a continuation to the downside to target the remaining low around $75.6K. #BTC Price Analysis# #Macro Insights# #BNBChain#
After failing to reclaim the previous high, BTC has now printed a clear lower high and is moving back toward the
recent low around $76.9K.
That level remains my main short-term target for now.
If buyers manage to defend it again, we could see another bounce and would have to reassess from there.
However, if $77K gives way and price finds acceptance below it, I would expect a continuation to the downside to target the remaining low around $75.6K. #BTC Price Analysis# #Macro Insights# #BNBChain#
