BTC - Continued Bearish MovementBitcoin / US DollarCOINBASE:BTCUSDmindfullylostGood Afternoon, Hope all is well. Here is my TA on BTC. Price pushed up into 78–79k, but it couldn’t break through. It just kept getting rejected there, so that looks like a clear resistance / distribution zone. After that, we started to roll over and put in a lower high, which is the first sign things are shifting. Now price is dropping back into the 75–76k area, which was support before. How I’m reading the structure This doesn’t look like simple consolidation anymore. It looks like a failed push higher → distribution → breakdown starting. Resistance is clearly ~78k We’re now testing / losing ~75–76k If that level goes, there’s not much holding price up until ~71–72k What I expect If we lose this support cleanly, I’m expecting continuation down into that 72k zone. That’s where previous demand is, so it makes sense as a target. I could see a small bounce first, maybe back into 76.5–77.5k, but unless price reclaims higher, I’d expect that to get sold. What would invalidate this If price reclaims ~78k and holds it, then this breakdown idea is wrong and we’re probably back in range or continuing higher. My bias Right now I’m leaning bearish short-term: Failed breakout at highs Lower high formed Support getting tested So I’m looking for continuation lower toward ~72k unless we reclaim resistance. Trade Safely! Enjoy!