BTC Outlook: Premium Rejections, Clean Drawdown Targets, and Key

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BTC Outlook: Premium Rejections, Clean Drawdown Targets, and KeyBitcoin / TetherUSBINANCE:BTCUSDTBFUFX_MARKETSBTC continues to respect the higher-timeframe bearish order flow. Price tapped into the Daily Bearish Block + IFVG around the $104K–$108K premium zone, delivered displacement, and broke structure to the downside. From there, the market formed a clean 3H Supply (BB + FVG) where sellers aggressively re-entered. Price rejected that imbalance and continued the markdown phase. Structure remains bearish with lower-highs and lower-lows being printed. Current PA is consolidating below key structure, signaling that liquidity is being engineered for the next leg. We still have an unmitigated Weekly OB at $83K–$86K, which aligns with the macro drawdown target. This zone remains the highest-probability area for a deeper corrective bounce. Key Levels Premium Rejection Zone: $104K – $108K 3H Supply + FVG: $98K – $101K Immediate Support: $92K – $95K Major HTF Demand (Weekly OB): $83K – $86K What I Expect Next Retracement into the 3H FVG / inefficiency before another sell-off. Liquidity below $92K likely to be swept. High-probability macro reaction once price taps the weekly OB. --------------------------------------------------------------------------------------------------------------------- CONFIRMATION ENTRY (Safer Approach) Use this for precise execution: Mark the 3H/1H supply zone. Wait for price to tap the zone → no instant entries. Drop to M15/M5 and wait for a clear CHOCH (shift) or BOS confirming sellers. Enter on the pullback into the refined OB or FVG. SL above the M5 POI that caused the break. First TP at relative equal lows or clean inefficiencies. This keeps you out of premature entries and filters manipulation.