Elise | BTCUSD – 30M | Distribution Below HTF ResistanceBitcoin / U.S. dollarBITSTAMP:BTCUSDElise-Golden-SparksBTCUSD Price aggressively swept liquidity into the HTF resistance and immediately rejected, followed by a sharp sell-off. Subsequent rebounds have failed to reclaim the resistance, confirming it as a distribution zone. Current consolidation near 87.8k reflects weak demand and hesitation, not strength. Key Scenarios ❌ Bearish Case 📉 (Primary) → Failure to reclaim 88,500 – 88,800 targets 86,200 → 85,200 → 84,400. ✅ Bullish Case 🚀 (Invalidation) → Only a clean 30M close and acceptance above 89,000 flips structure toward 90,200 – 90,800. Current Levels to Watch Resistance 🔴: 88,800 – 90,000 (HTF) Support 🟢: 86,200 → 85,200 → 84,400 ⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.