$BTC | Why The Relief Rally to +100k Might Not Happen?

By no means this move was “unexpected”. In fact, In my previous posts I said this move has to happen. Once the yearly uptrend broke and price failed to reclaim it.


The rejection at the 0.382 Fibonacci retracement was a textbook dead cat bounce inside a larger bearish structure.

$XAG

XAG
XAGUSDT
81.55
+3.24%

Market makers were pouring their money into Gold & Silver. That is why our relief rally was short-lived.

$XAU

XAU
XAUUSDT
4,740.73
-0.29%


Calling this a “healthy correction” is just denial. It truly is.
This bear market is doing exactly what bear markets do:

-Trap late buyers
-Remove liquidity
-Continue lower

The trend is bearish. The structure is bearish for the entire of 2026 period.

BTC
BTCUSDT
78,681.8
+3.18%

#BTC #bitcoin #bearishmomentum