BTC Rejection From Major Resistance — Continuation To 50K?

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BTC Rejection From Major Resistance — Continuation To 50K?Bitcoin vs US DollarFUSIONMARKETS:BTCUSDR3v_Bitcoin tapped into a strong daily resistance zone around 77K–78K and showed immediate rejection. Price failed to reclaim the level and is now rolling over after a relief rally from the February lows. The way I see it: The market structure is still bearish on the higher timeframe. Previous support turned resistance perfectly in this zone. Momentum weakened as price approached resistance, with buyers unable to break and hold above it. If BTC loses the current short-term support, I think continuation lower becomes very likely. Main downside target sits around the 50K psychological area, which also aligns with the next major liquidity zone and untested demand below. Invalidation for this idea would be a strong daily close back above the resistance zone, showing reclaim and strength from buyers. Current setup offers a clean risk-to-reward with tight invalidation relative to the potential downside move. What I’m watching next: Breakdown confirmation on lower timeframes Weak bounce attempts into resistance Increased bearish momentum/volume on continuation Not financial advice.