#BTC — Bearish Continuation in Play
• Macro Move Completed
The selloff from 125k into the 90k region has already played out as projected. That downside delivery marked the end of the expansion leg, not a reversal point.
• Current Price Behavior
BTC is consolidating inside a descending channel / bear-flag formation. Price action is overlapping, momentum is muted, and upside attempts lack conviction — typical pause behavior after a strong sell.
• Overhead Liquidity Zones
Liquidity remains stacked above: – 98k–100k (Liquidity 1)
– 105k–108k (Liquidity 2)
Without a strong daily reclaim, these zones act as resistance and short-reload areas.
• Directional Bias
While below the upper liquidity band, downside pressure remains dominant. The broader draw still points toward the 72k–76k region where higher-timeframe liquidity and prior acceptance align.
• Invalidation Level
A clean daily close above Liquidity 2 with acceptance would invalidate the bearish continuation. Until then, rallies remain corrective.

