(BTCUSD) | Weekly FVG Rejection Could Trigger the Next Sell-Off

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(BTCUSD) | Weekly FVG Rejection Could Trigger the Next Sell-OffBitcoinOANDA:BTCUSDXau_InsightssBitcoin is showing signs of weakness after reacting from the Weekly Fair Value Gap (FVG), a key area where sellers have stepped back into the market. Despite the recent recovery, price failed to establish a bullish market structure, suggesting that the move was likely a liquidity sweep rather than a genuine trend reversal. As long as Bitcoin remains below the highlighted Weekly FVG, the overall outlook remains bearish. A confirmed rejection from this zone could trigger the next impulsive leg lower, with price targeting major liquidity resting below current levels. If bearish momentum continues, the first downside objective is around $47K, while the larger higher-timeframe target remains near $31K. Key Concepts Used: * Smart Money Concepts (SMC) * Market Structure * Liquidity * Liquidity Sweep Potential Scenario: * Resistance Zone: Weekly FVG * Bearish Confirmation: Rejection from the Weekly FVG followed by bearish market structure confirmation. * Targets: $47K → $31K Not Financial Advice.