Is Bitcoin building a durable base—or simply delaying a deeper flush? Another rejection at the 21-Day SMA has created another lower high, sending $BTC price back into the consolidation range for fresh test of the 50-Day SMA. So far, repeated defenses of the 50-Day show that buyers are still protecting this range. IMO - That makes it worth watching for incremental DCA entries into a longer-term position. The caveat: bulls still haven’t reclaimed the Quarterly Open near $83.5k. Until they do, downside risk remains elevated. If the 50-Day SMA fails, the next structural support levels are: • Macro trendline: ~$78.3k • 50-Week SMA + range low: $75k–$76.1k • Full range failure: $69k–$72k flush target Does the 50-Day hold again, or are we headed for the lower support zones before a durable breakout?