BTCUSDT: Bearish Structure, Next Leg DownBitcoin / TetherUSBINANCE:BTCUSDTDomicChainaBTCUSDT is trading around 78,900 USDT after failing to hold the level above 80K. On the 1-hour (H1) chart, a Head & Shoulders pattern has formed, and the price is currently retesting the neckline—located between 78,800 and 79,300—from below. If BTC faces continued rejection in this zone, I lean towards a return of selling pressure, potentially driving the price down to 77,600 and further to the 76,500 USDT area. Breaking and holding above the 79,700–80,000 range would invalidate this bearish scenario. This setup appears more aligned with a technical correction rather than a major trend reversal. The market is currently awaiting US PCE data, a factor likely to trigger the next wave of significant volatility. Will the 79K level continue to act as resistance, or will BTC reclaim 80K?