Bitcoin Bearish Reversal Setup

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Bitcoin Bearish Reversal SetupBitcoin / U.S. dollarBITSTAMP:BTCUSDGaryTardeInsightThe chart shows a potential bearish setup for Bitcoin (BTC/USD) on the 30-minute timeframe. Price recently reacted off a supply zone near the \$112,860 resistance level after forming an equal high (EQH) and change of character (CHOCH) to the downside. Currently, price is making a minor pullback toward the resistance zone, with a projected move downward targeting the demand zones highlighted in blue between \$111,200 and \$109,300. The presence of a weak low suggests vulnerability, and sellers may aim to sweep that liquidity. The outlook anticipates rejection from resistance and continuation toward lower support levels. BTCUSD