BTCUSD: Is Target 1 at $49k becoming inevitable?BitcoinVANTAGE:BTCUSDfullpriceactionBitcoin has just confirmed a major reversal signal with a clean break of its Neckline located at the $80,000 level. This structural break officially validates the weekly Head and Shoulders pattern initiated after the all-time high near $130,000. This downward breach marks a shift in market psychology, moving from a distribution phase to an active correction phase. Currently, the price is in a decisive battle zone on the horizontal support between $63,000 and $65,000 (currently at $63,598). This level serves as a technical bounce zone (Pullback) or a simple pause before a potential continuation of the drop started from the right shoulder. The immediate challenge is whether this 63k support can hold long enough to offer a relief bounce toward the old neckline (now resistance) at $80,000. However, if selling pressure persists and this current level fails, the trajectory toward Target 1 at $49,475 would become inevitable, corresponding to a flush of last year's liquidity. In the longer term, the final technical target of this massive reversal structure points toward Target 2 at $31,044, which would bring BTC back to its historical consolidation bases. Caution is therefore advised as long as the price remains below the 80k pivot, as any bounce attempt risks being sold off by operators looking to exit the market.