BTC/USD: 4H Breakdown Probes 71K Support After 2.9% SlideBitcoin / U.S. dollarBITSTAMP:BTCUSDbrokerchampionofficialBTC's just snapped the short-term range it'd been carving since reclaiming 73K, and price is now pressing right into the 71,400 zone after a 2.9% drop on the day. The 4H structure had been printing lower highs for three sessions, and today's candle finally took out the prior swing low near 72,100 with conviction — that's the structural break that matters here. Why it matters: 71K is the same shelf that flipped from resistance to support back when we first cleared it, and the volume profile shows it's a high-traffic node, so reaction here tells us whether dip buyers are still engaged or whether this becomes a measured-move leg toward the 68K pocket. I'm watching the 4H close. The setup activates on a reclaim above 72,150 with a follow-through candle — that flips the broken level back into support and opens the door for a retest of the range high. Invalidation's clean: a 4H close below 70,800 confirms the breakdown and the long-side idea is done. Targets if the reclaim plays out: first stop is 73,400 where the prior supply sits, then 74,800 at the upper boundary of the May range, with 76,200 as a stretch if momentum carries. If we lose 70,800 instead, the bears get a runway toward 68,500 where the 200 EMA is sitting. Patient here — let the level resolve before chasing. Setup: 4H reclaim above 72,150 with follow-through flips the broken support back on and activates the long-side scenario. Invalidation: 4H close below 70,800 confirms the breakdown and ends the long thesis. Targets: 73,400 — prior 4H supply zone · 74,800 — upper boundary of May range · 76,200 — stretch target if momentum extends