Bitcoin Consolidation bearish structure

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Bitcoin Consolidation bearish structure Bitcoin / TetherUSBINANCE:BTCUSDTMR_GOLD_12Bitcoin is currently showing a clear bearish reaction after rejecting a strong resistance zone near 76K–77K. Price was previously moving in an ascending structure, but momentum has weakened, and sellers are starting to dominate. The recent move up appears to be a liquidity grab, where price pushed higher to take out stops before sharply reversing. This rejection confirms that smart money is distributing positions, leading to downside pressure we can also see a lower high forming, which signals a shift from bullish to short-term bearish structure. Additionally, price is struggling to hold above mid-range support, indicating buyer exhaustion. As long as price remains below the 75.8K–76.5K resistance zone, the market is likely to continue downward. The next key targets are around 73K, and if that level breaks, we could see an extended move toward 71K. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.