BTC: daily bearish engulfing at the range floor on rising volumeBitcoin / U.S. dollarBITSTAMP:BTCUSDHyperSignalsBTC printed a bearish engulfing bar that opened high, sold off, and closed near the bottom of the recent range. It wiped out the whole prior up-day. And it did it on rising volume, which is the part most people skip. Why that matters. A wide down-bar at a range low tells you sellers showed up where buyers were supposed to defend. When volume rises into that close, it is real selling, not a quiet drift. The base that held for two weeks is now being tested from the wrong side. Here is the read. Price is sitting right on the floor near 75,250. The range low cluster is 74,200 to 75,250. As long as we close below the 77,800 to 78,200 shelf, the path of least resistance is down. Plan: Entry: short the 76,800 to 77,400 zone on a weak retest, or on a clean daily close below 75,200 Invalidation: daily close back above 78,200 (the engulfing bar gets reclaimed, thesis is dead) Target 1: 74,200 (R/R about 2:1) Target 2: 72,400 (R/R about 4:1, runner) This is mean reversion of a falling channel, not a crash call. If 78,200 reclaims on a close, drop the bias and stand down. The level tells you when you are wrong, not your opinion.