BTCUSD Bearish Continuation Ahead of Supply Retest on 1 Hour.

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BTCUSD Bearish Continuation Ahead of Supply Retest on 1 Hour.BitcoinICMARKETS:BTCUSDMrBeto5The BTC USD overall structural trend on the 1 hour timeframe switched to bearish following an aggressive impulse drop that caused a Break of Structure below the previous swing low near $64,400. Price is currently slow, corrective upward move within a wedge structure, retracing toward a high probability institutional interest zone. Key Confluences Fair Value Gap & Supply Zone: An imbalance FVG left by the aggressive breakdown sits directly below an unmitigated supply zone spanning between $64,800 and $65,100. Break of Structure: The strong displacement lower invalidated previous market structure, leaving behind a clear bearish bias on intraday timeframes. Liquidity Wedge: The current corrective upward channel is building up sell side liquidity underneath it, forming an Extreme Liquidity Pool along the support trendline. Projected Path Price is expected to complete its corrective rally into the $64,800 – $65,000 supply zone to fill the Fair Value Gap and capture buy side liquidity. Once institutional sellers step in at this premium level, a sharp reversal is anticipated to sweep the trendline liquidity Extreme Liquidity Pool and push lower toward the primary demand/liquidity target around $62,700. Sentiment Trade Sentiment: Short Bias. ⚠️ Disclaimer: This is only for educational purposes. I'm not you Financial advisor.