**Bitcoin (BTC)** has been consolidating inside a descending channel after a strong rally earlier this year. This structure on the **daily timeframe** signals a potential continuation pattern, with clear technical levels traders should monitor closely.
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### 📊 **Market Context**
BTC has been trading within a well-respected **descending channel**, forming lower highs and lower lows. This type of price action typically reflects **consolidation and redistribution**, not reversal. The repeated rejection from the **upper trendline** further reinforces the current **bearish bias**.
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### 💥 **Buy-Side Liquidity Sweep on the Horizon?**
Currently, price is hovering **just beneath a clean swing high** near the mid-range of the channel. This level holds **Buy-Side Liquidity (BSL)** — where short stop-losses and long breakout orders are likely stacked.
Smart money often triggers these zones before a reversal, sweeping liquidity and then moving in the **opposite direction**. A sweep followed by rejection could signal the next **downward leg**.
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### 📉 **Fair Value Gap (FVG) Below – A Key Target**
Below the current price lies a **Fair Value Gap (FVG)** — an unfilled inefficiency created by an earlier impulse move. These zones often **attract price** as the market rebalances.
If BTC completes the BSL sweep and drops into this gap, **watch for a reaction**. A clean break below the FVG would confirm **bearish momentum** and likely accelerate the move toward **channel support**.
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### 📐 **Bearish Channel Still Intact**
The structure of the descending channel remains intact. As long as BTC stays within the boundaries, the likelihood of continued downside pressure is high.
Potential **next support zones** to watch:
* \$90,000 for near-term reaction
* \$80,000–\$82,000 if momentum increases
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### 🧠 **Key Takeaway for Traders**
This is a textbook technical setup featuring:
* A **corrective channel**
* A potential **liquidity sweep**
* A magnetic **Fair Value Gap**
* And a probable **continuation toward lower support**
Even if you're not actively trading, this is a great example of how price reacts to structure and liquidity. Stay sharp and plan ahead.
📌 If this helped you gain a clearer view on BTC, hit the like button. Share your altcoins in the comments — I’ll pick a few and post breakdowns next.
#BTC #CryptoAnalysis #PriceAction #FairValueGap #LiquiditySweep ---