FVG Imbalance Test Prepares Deep Flush Toward 61.5K SUPPORT BaseBitcoin / U.S. dollarBITSTAMP:BTCUSDRichard_PrimeInsightsBitcoin (BTC/USD) is demonstrating a textbook bearish distribution pattern on the H4 timeframe, navigating inside a tightening descending wedge corridor following its macro peak rejection. Having established a decisive bearish structural shift (CHoCH), the immediate price action is consolidating just above the lower dynamic channel support and preparing a tactical recovery toward the overhead supply imbalance array (FVG) near 63,200 – 63,600. Global Context The broader cryptocurrency market continues to navigate intense macroeconomic liquidity conditions, forcing capital realignments and risk-off positioning ahead of upcoming market catalysts and global economic releases. Smart money has engineered this temporary upward recovery to lure early breakout buyers and fill the market inefficiency before launching a high-velocity downward distribution wave to sweep lower resting buy stops. This projected price path draws price action directly into the 63,200 – 63,600 FVG Resistance zone to absorb institutional sell orders, after which an aggressive sell-off is anticipated to break below the wedge boundary and flush straight into the macro SUPPORT floor at 61,200 – 61,600. Technical Playbook The Bias: Short-Term Tactical FVG Rebound / Medium-Term Macro Downward Distribution. We are strictly focused on tracking this dynamic supply delivery corridor. The Main Horizons: Tactical execution focal points are locked directly on the 63,200 – 63,600 FVG supply block and the primary 61,200 – 61,600 SUPPORT floor. The Target Path: Following the structural layout, price action is projected to test the FVG zone first, exhaust its bullish momentum near the upper supply baseline, and then unleash an aggressive flush down to the SUPPORT baseline. Invalidation: The entire bearish distribution framework is instantly invalidated if the market prints a sustained H4 candle closure completely above the 64,200 structural defense line.