#Bitcoin is showing rejection from a key supply zone inside an ascending triangle structure, with the 200MA now acting as strong dynamic resistance.
This overlap of resistance levels is putting pressure on price in the short term and increasing the chances of a pullback if buyers fail to step in.
At the moment, momentum looks capped here unless we see a clean breakout.
Key levels to watch:
Resistance zone: horizontal supply + 200MA
This is the main barrier holding price down right now
Bearish case: rejection continues
Could lead to a short-term downside move and deeper retest of support
Bullish invalidation: strong daily close above supply zone
That would flip momentum and open the door for another push higher
Simple read: Market is at a decision point. Either we break and continue the trend, or get a rejection and cool off before the next attempt.
No confirmation yet, just reaction.
#BTC #CryptoMarketRebounds #USDCFreezeDebate #MarketCorrectionBuyOrHODL?