📍$BTC : institutional pressure confirms bearish trend in smaller timeframes

Bitcoin has confirmed a structure of lower highs and lower lows after a failed internal BOS in the 15-minute timeframe. The price showed clear signs of inducement over IDM (X) and liquidity points (valid highs) before a strong drop in the London–NY killzone.

Currently, the price is trading near $94,900 and is aiming for the $94,000 area as the next target, as long as it does not exceed $96,000. The action suggests continued bearishness with possible mitigation in previous imbalance zones.

🔍 Key point: if the price mitigates liquidity zones between 94,000 and 94,300 with absorption, we could see a strong technical rebound.

📊 Bias: Bearish in smaller timeframes

📈 Invalidating level: $96,000

🧲 Attraction zone: $94,000