$BTC Perfectly Respected The Same HTF Rejection Zone I Mentioned Last Week
Last week I said BTC was entering a dangerous HTF premium zone around 82K–89K where distribution and rejection could begin. That exact rejection happened from the 82K region and the weekly 99 EMA resistance, and since then Bitcoin already dropped more than 10%. The structure continues respecting the same bearish HTF trendline rejection shown on the chart while momentum still looks weaker compared to previous impulsive expansions.
The biggest update now is the 72K level. Before, 72K was the key resistance zone I kept mentioning during accumulation. Once BTC reclaimed it, the market expanded toward the 77K–86K liquidity range exactly as expected. Now that same 72K area becomes the most important HTF support bulls need to defend. As long as BTC holds above it, another move toward 85K–86K liquidity is still possible before any larger macro breakdown continuation happens.
Analysis by Leo524.