BTC Break of structure (BOS) follow my structure down to $76000BTCUSDT SPOTBYBIT:BTCUSDTphaneth2014✅ 1. Market Structure (1D Timeframe) My chart shows: 🔹 Lower Low (LL) recently formed This confirms bearish structure, since before that we had a Higher Low (HL). The LL breaks the bullish trend. 🔹 Multiple Shooting Stars at the top This shows strong distribution (smart money selling). The rejection near 126k was the macro top. 🔹 BOS (Break of Structure) at ~98,186 I marked this correctly. Breaking this level initiates a new bearish cycle. ________________________________________ ✅ 2. Trendline Break (Big Signal) My long-term ascending trendline (TL) was broken decisively with a strong bearish candle. This is a major indication of: •Bullish trend ending •Smart money exiting •Bearish continuation expected A retest of the trendline may happen, but usually after a TL break, BTC continues lower for weeks. ________________________________________ ✅ 3. Current Price Action (95,447 area) Price is sitting inside my red supply/consolidation zone, which aligns with: •Prior HL •BOS level •Strong liquidity zone This is why I see consolidation — market is deciding whether to: A) Retest the TL again (short-term up) or B) Continue dumping toward demand below Given my structure: B is more likely. ________________________________________ 🟥 4. Bearish Scenario (Most Likely) This follows my dotted projection and makes sense with the chart. BTC likely does: 1.Small bounce to retest 98,000 – 100,000 oThis is BOS retest oThis is supply oThis is also TL retest zone oThis is where sellers reload 2.Failure to break TL → major drop begins 3.First stop: 88,000 – 84,000 Consolidation Zone This is a major liquidity zone. 4.Final target: 🎯 77,000 (my TP is correct) or even wick to: 🎯 74,500 (liquidity) Why 77k target is logical: •High timeframe demand zone •Big imbalance to fill •Previous consolidation •Measured move from top → aligns perfectly ________________________________________ 🟩 5. Bullish Scenario (Low Probability) For BTC to flip bullish again: 1.Must reclaim 98,186 BOS 2.Must close above 100,000 3.Must break back inside the trendline Only then bullish continuation to: 📈 106,000 📈 118,500 SL zone But currently price is below BOS + below TL, so bullish scenario is only 25–30% likely. ________________________________________ ⭐ 6. Big Summary (Easy to Read) ✔ Trend: Bearish ✔ Structure: Lower Low (LL) confirmed ✔ Trendline: Broken → Bears in control ✔ BOS: Below 98k → bearish continuation ✔ Short-term: Bounce to 98k possible ✔ Mid-term: Drop to 88k–84k ✔ Final Target: 77k → 74.5k My TP (77,000) is accurate and realistic.