Bitcoin Support Break Confirmed | Is $36,630 the Next Target?

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Bitcoin Support Break Confirmed | Is $36,630 the Next Target?Bitcoin / U.S. dollarBITSTAMP:BTCUSDSmart_money_FxBitcoin has officially broken below a major support zone, signaling a shift in market structure and increasing bearish pressure on the higher timeframe. The recent support break suggests Smart Money may be targeting lower liquidity levels before any significant recovery. 🔹 Market Structure: Bearish after support breakdown. 🔹 Key Resistance: 58,000 – 62,000 zone. 🔹 Support Turned Resistance: Any retest of this area could provide selling opportunities. 🔹 Bearish Target: 36,630 liquidity zone. 🔹 SMC Outlook: BOS and support failure indicate downside continuation unless buyers reclaim the broken structure. 📌 Patience is key. Watch for a retest of the broken support before looking for continuation toward lower liquidity targets. Trade Idea: Sell the retest ➝ Target 36,630 🎯