₿ $BTC is breaking down from a triangle pattern after multiple structural repetitions, testing the lower imbalance zone with a possible fakeout. This decline follows a failed breakout attempt, yet the price still respects the broad ascending channel. As long as ₿ $BTC holds above the 112,000–113,000 support, continuation toward 124,000 remains likely. A recovery from this dip may reignite bullish momentum."
