lastphase

LAST PHASE OF THE BEAR MARKET 📉
$BTC — Weekly Macro Outlook

**Big Picture:**
Bitcoin has broken its long-standing weekly uptrend, shifting structure from bullish to bearish on the higher timeframe. Price is now trading below all major bearish order blocks, confirming continued downside pressure.

**What's happening:**
Each rally has been rejected from a distinct weekly supply zone — first near 108,255, then 86,692, and most recently the 65,342 area. This step-down sequence points to ongoing distribution, with price being drawn toward deeper liquidity resting below.

**Targets:**
🎯 55,000 🎯 49,000

**Invalidation:** A weekly close back above 83,000 would invalidate this bearish thesis and shift the outlook back to neutral/bullish.

This looks like the final phase of the current bear cycle — expect sharp volatility along the way, not a straight line down.

⚠️ Educational content only. Not financial advice.
$BTC
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