$BTC HTF
$BTC broke cleanly below both 7D and 30D VWAPs (105k–106.3k zone), confirming a decisive shift in directional bias. This zone now acts as supply. Price is trending toward the 90D VWAP at 94.7k - next major structural test. Note that this level coincides with previous high-volume consolidation from late March–April, making it both a VWAP and price memory cluster.
The red arrow marks the failed breakout above the 105k level, now clearly acting as resistance. Since then, daily closes have accelerated to the downside, with declining structure and lower highs.
The green triangles below mark the prior higher low base - bulls need to hold this region around 90k–92k or risk a move toward the 365D VWAP at 82.2k.
Bias: Bearish below 7D/30D VWAPs.
Next key levels:
Support: 94.7k (90D VWAP), 90.5k–91.5k (volume base), 82.2k (365D VWAP)
Resistance: 100k, 105k (7D VWAP), 106.3k (30D VWAP)
Until bulls reclaim the 105k–106k band, rallies are likely to be sold.