🔍 Technical Analysis Summary:

Double Top Formation (Marked Circles):

There’s a clear double top around the 97,000–97,200 level, which is a bearish reversal pattern.

Price failed to break above the resistance zone (highlighted yellow) twice and then reversed.

Break of Support:

After failing at resistance, BTC broke below the key horizontal support zone (~96,250), confirming weakness.

That support is now acting as resistance.

Liquidity Sweep & Pullback:

Price dipped below the liquidation level (around 95,750) to trigger stop-losses and gather liquidity.

After grabbing liquidity, price tried to retest but failed to reclaim 96K – indicating weak bullish momentum.

Current Market Structure:

Price is making lower highs and lower lows, consistent with a short-term downtrend.

Price is hovering just above the pullback support zone (~95,250).

🔮 Next Expected Move (Bearish Bias):

If 95,250 breaks cleanly: Expect further downside toward 94,800–94,500 as sellers continue to dominate.

If a strong bullish reaction at 95,250: Possible short-term bounce, but likely to face resistance at 95,750–96,000 zone.
$BTC