BTCUSDT 11julBitcoin / TetherUSBINANCE:BTCUSDTsoheilbakhshipor12Bitcoin – Market Structure Update The current price action suggests that Bitcoin is not showing enough confirmation to enter the capitulation phase or move toward the $50,000 channel at this time. Based on this change in market structure, I have decided to invalidate my previous bearish outlook and close that position with a small loss. In my view, adapting to new market conditions is more important than staying emotionally attached to a single bias. At the moment, I am looking for a potential long opportunity, with the $73,500 area as the primary upside target if bullish momentum continues. That said, I believe this could be one of the most challenging stages of the current trend. If this scenario plays out, it may represent the final 15% bullish expansion before the market potentially transitions into a much stronger bearish cycle. However, this remains a scenario rather than a certainty, and price action will ultimately determine the next direction. I’ll continue monitoring the market closely and will update this analysis whenever the technical outlook changes. Stay tuned for future updates, and always manage your risk accordingly. This reflects my personal market analysis and is not financial advice.