๐ Bitcoin ($BTC) โ Major Breakdown Alert ๐จ
$BTC
has officially broken its last wick structure, signaling a bearish continuation. The market is showing heavy downside pressure, and the next stops could be much lower.
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๐ 1H Chart Insights:
Market structure turned bearish after $BTC filled the imbalance (IMB).
The bullish order block mid-zone was invalidated.
A bearish Break of Structure (BOS) formed around $112,500, confirming further downside.
Next downside targets: $105K โ $100K.
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๐ 4H Chart Insights:
Multiple structures already broken (4 so far, with 5โ6 being typical before a reversal).
$BTC is currently trending lower, with momentum still in bearish favor.
Key support zone spotted between $110Kโ$105K.
So far: -7.38% dump. Maximum projection: -10.60%.
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๐ Summary:
BTC remains in a strong bearish phase, with downside levels of 105Kโ100K in play. A recovery attempt is only possible after deeper liquidity zones are tested.
#MarketPullback