BTC Breaks Structure — Dead Cat Bounce or Demand Reaction?

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BTC Breaks Structure — Dead Cat Bounce or Demand Reaction?Bitcoin / U.S. dollarBITSTAMP:BTCUSDRexTraderGOLDBitcoin has just broken down decisively from the descending trendline and EMA cluster, confirming a short-term bearish shift after prolonged compression. The impulsive sell-off signals distribution resolution, not random volatility, as price sliced through prior balance with strong momentum. BTC is now reacting inside a key support zone around 91,800–92,200, where short-term buyers are attempting to absorb sell pressure. A technical bounce from this area is possible, but as long as price remains below 94,200–94,500 (former support turned resistance), any upside should be treated as corrective. A clean rejection from the trendline retest would likely trigger another leg lower, targeting 90,900–91,000, aligning with the next liquidity pocket. Only a reclaim and hold above 94,500 would invalidate the bearish continuation scenario and reopen upside rotation. ➡️ Bias: Short-term bearish, watching for reaction vs rejection at demand.