Bitcoin has now entered the most dangerous phase of the entire cycle.
Most traders are still treating this as a "healthy correction" or "dip before the next rally."
That's exactly the mindset that gets destroyed in bear markets.
Look at the weekly charts:
📉 Rejection at 1D MA200
📉 Clear Break of Structure (BOS)
📉 RSI rejection at the exact same level — 51.50
This is the identical setup we saw before the brutal leg down in 2018.
The market is repeating the script with terrifying precision.
The bull trap that took us to $82K has been completed. Liquidity above has been swept.
Now the path of least resistance is lower.
New lows are not just possible — they are the highest probability outcome.
The real capitulation phase usually begins right when the majority believes "the bottom is in."
That moment is approaching fast.
I publicly called the exact $16K bottom in 2022 and the $126K top in October 2025.
The same high-conviction setup is forming again in 2026.
Not financial advice. Just pattern recognition.
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