$BTC is showing classic distribution-style sliding.
The behaviour here looks familiar: strong push higher → failed to hold highs → every bounce is lower high → controlled downward channel.
This is normally the pre-condition for either a final liquidation flush then reversal, or if support cracks → trend extension lower.
104200 is key level. A strong 4H close below that zone matters.
I am not trading this, just sharing for education. Do your own research.
#BTC #Crypto #BinanceSquare
The behaviour here looks familiar: strong push higher → failed to hold highs → every bounce is lower high → controlled downward channel.
This is normally the pre-condition for either a final liquidation flush then reversal, or if support cracks → trend extension lower.
104200 is key level. A strong 4H close below that zone matters.
I am not trading this, just sharing for education. Do your own research.
#BTC #Crypto #BinanceSquare