BTCUSDT failed to sustain the recent channel breakout, with price slipping back below the 90,000 pivot and forming another weak reaction beneath descending resistance. The false break above the triangle structure suggests exhaustion, while the latest bounce looks corrective rather than impulsive. Market behavior still hints at distribution near the mid-range rather than renewed accumulation.
If BTC remains capped below the 90,000 supply zone, price may slide back toward 85,000 area, where prior demand and liquidity sit. That level aligns with the lower range boundary, making it a natural downside magnet if selling pressure persists.
Primary scenario: rejection below 90,000 → continuation toward 85,000.
Risk scenario: a strong reclaim and close above 91,000 could invalidate the bearish view and open the path toward 94,000.
Trade at your own Risk 👍
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