💣 $BTC is stuck in a bear’s chokehold — every bounce getting slapped down harder.
After failing to hold above 124,474, it’s been a steady march of lower highs, lower lows. The latest “bounce” fizzled at 118,420, and sellers wasted no time hammering it back. 📉
🎯 Game Plan:
Short the weak bounces at 117,800–118,000
Stop: 118,500 (keep it tight)
Targets: 116,800 → 115,800 → 115,200
⚠ Break 117,000 and we accelerate. Lose 116,800 with force, and the floor could vanish fast.
This isn’t just a dip — it’s the market telling us gravity still works. 🩸
#MarketTurbulence #HotJulyPPI #REVABinanceTGE #DeFiGetsGraded #CPIWatch