$BTC Breakdown Confirmed — Bears Still Control the Trend
$BTC has now lost the key horizontal support that held since February.
The recent retest failed, and sellers stepped in exactly where buyers needed to defend. That rejection keeps the higher-timeframe structure bearish and suggests downside pressure may continue in the coming weeks.
The longer-term Target 4 zone, mapped out nearly 8 months ago, is now coming into focus. Until Bitcoin reclaims this lost support, every bounce should be treated with caution rather than confirmation of a new uptrend.
Smart money watches reactions at resistance. Right now, the market is still respecting the bearish roadmap. 📉