Market Update: $BTC

A decisive structural #Break has occurred.

The primary #trendline that has supported the market for the last five months has failed. This is a material change to the market's character.

Our view is that former support near ~$112,000 will now act as resistance.

As long as the price remains below this level, we consider a test of the major support zone at $100,000 to be the path of highest probability.

#bitcoin $ETH $BNB $ASTER $DOGE $SOL