$BTC | Why The Relief Rally to +100k Might Not Happen?
By no means this move was “unexpected”. In fact, In my previous posts I said this move has to happen. Once the yearly uptrend broke and price failed to reclaim it.
The rejection at the 0.382 Fibonacci retracement was a textbook dead cat bounce inside a larger bearish structure.
XAGUSDT
Perp
80.5
-4.08%
Market makers were pouring their money into Gold & Silver. That is why our relief rally was short-lived.
XAUUSDT
Perp
4,676.22
-3.22%
Calling this a “healthy correction” is just denial. It truly is.
This bear market is doing exactly what bear markets do:
-Trap late buyers
-Remove liquidity
-Continue lower
The trend is bearish. The structure is bearish for the entire of 2026 period.
BTCUSDT
Perp
78,234.1
+1.06%