$BTC is bleeding hard after losing the rising channel support 📉
Massive rejection from $100K zone and now price is dumping straight into the major demand area around $58K–$65K 🔥 This purple zone is the key battlefield. Bulls MUST defend here or we could see deeper panic.
Structure shows: • Bearish breakdown from ascending channel
• Strong impulsive red candles = heavy selling pressure
• Price entering high liquidity demand zone
• Possible sweep below $58K before reversal
If this demand holds, expect a sharp V-bounce toward $75K–$85K and continuation higher 🚀
If it fails… next liquidity sits much lower.
Volatility is here. Big move loading.
Let’s go and trade now $ 💰