BTCUSDT – Daily Market Outlook (4H Structure)Bitcoin / TetherUSBINANCE:BTCUSDTAnubyteBitcoin is currently breaking down from an ascending channel structure on the 4H timeframe, signaling a clear loss of bullish momentum. Price action has failed to hold above the mid-range resistance zone around 88,900 – 89,700, which previously acted as a key decision area. Technical Structure The price has lost the lower boundary of the ascending channel, confirming a structural breakdown. Multiple lower highs formed after rejection from the channel top, indicating seller dominance. EMA cross (short-term under mid-term) supports the bearish continuation bias. Key Levels Major Resistance: 88,900 – 89,700 (previous support, now resistance) Immediate Support: 84,000 – 82,200 zone Fibonacci Confluence Targets: 0.5 Fib: ~79,100 0.618 Fib: ~76,100 0.786 Fib: ~71,500 (deep correction scenario) Scenario Outlook If price fails to reclaim 89K, the probability favors a continuation move to the downside, targeting the 82K → 79K liquidity zone. A short-term relief bounce may occur near these levels, but as long as price remains below broken structure, any bounce should be considered corrective, not trend-reversing. A bullish recovery would require: A clean reclaim and hold above 89,700 Followed by acceptance back inside the former channel Until then, market structure favors shorts and patience over hope. Bias 📉 Bearish continuation 🎯 Targets: 82,000 → 79,000 → 76,000 ❌ Invalidation: Sustained reclaim above 89,700 Final Note This analysis is based purely on market structure, Fibonacci confluence, and price behavior — not emotions, not narratives. The market doesn’t care what we believe. It only respects structure. all of these are not financial advice.