$BTC structure flipped bearish — closed below the recent low, invalidating any bullish continuation.
Looking for a relief bounce to set a lower high before the next leg down. Main resistance zone I'm watching is around $79K — clean resistance + 0.5 Fib retracement of this last drop.
If price pumps into $79K and gets rejected, I'm hunting shorts with confluence. Target: $74K–$76K zone.
Invalidation is simple — reclaim above $79K with conviction and this setup's dead. Until then, structure says lower.
Looking for a relief bounce to set a lower high before the next leg down. Main resistance zone I'm watching is around $79K — clean resistance + 0.5 Fib retracement of this last drop.
If price pumps into $79K and gets rejected, I'm hunting shorts with confluence. Target: $74K–$76K zone.
Invalidation is simple — reclaim above $79K with conviction and this setup's dead. Until then, structure says lower.
