$BTC IS STILL SHOWING WEAKNESS. 🩸
The pattern is almost textbook:
Breakdown → relief rally → rejection → weakness.
BTC failed to reclaim the broken structure and is now consolidating below the key resistance.
If this local range breaks down, the chart opens up toward the $50K target marked below.
The bulls need a reclaim first.
Lose the range → $50K loading. 📉
$BTC
The pattern is almost textbook:
Breakdown → relief rally → rejection → weakness.
BTC failed to reclaim the broken structure and is now consolidating below the key resistance.
If this local range breaks down, the chart opens up toward the $50K target marked below.
The bulls need a reclaim first.
Lose the range → $50K loading. 📉
$BTC