$BTC structure just flipped bearish short-term.
Price broke the recent uptrend and took out the prior swing low — that's a failed higher high into a lower low. Sellers back in control.
As long as we're capped below that recent high, I'm looking for continuation down toward $77K. That's the next logical target given this shift.
For bulls to take back the wheel, $BTC needs to reclaim this broken structure first, then push through the previous high. Until then, path of least resistance is lower.
Not panicking the long-term thesis — 2027–2030 cycle is still the play — but right now the chart's telling you to respect the sellers.
Price broke the recent uptrend and took out the prior swing low — that's a failed higher high into a lower low. Sellers back in control.
As long as we're capped below that recent high, I'm looking for continuation down toward $77K. That's the next logical target given this shift.
For bulls to take back the wheel, $BTC needs to reclaim this broken structure first, then push through the previous high. Until then, path of least resistance is lower.
Not panicking the long-term thesis — 2027–2030 cycle is still the play — but right now the chart's telling you to respect the sellers.
