$BTC A rejection near $94.6k makes sense as that’s been a historically strong supply zone.
Trading below mid-range often indicates a shift in momentum, supporting your bearish continuation idea.
Your targets line up with progressive liquidity pockets and short-term support areas that have formed over prior consolidation zones.
The invalidation level is logical—if price reclaims and holds above that resistance, bearish structure breaks.
Risk Considerations
BTC
91,691.49
-0.88%
BTC can produce sharp fakeouts around mid-range zones, especially during high-volatility sessions (U.S. open, FOMC weeks, ETF inflows/outflows).
Watch volume: weakening sell volume into support can hint at exhaustion.
Trendline support breaks are more reliable when paired with strong impulse candles rather than slow drifts.$BTC