Smart Money Distribution Continues – BTC Eyes Lower LiquidityBitcoinOANDA:BTCUSDLunadigitalThe Daily chart reflects a textbook Smart Money Concepts (SMC) bearish continuation model. After breaking bullish structure, Bitcoin retraced into a premium POI where sellers successfully defended higher prices. This rejection created another lower high, maintaining the bearish sequence of lower highs and lower lows. The recent bounce from support appears corrective rather than impulsive. Unless buyers reclaim the POI zone, the market remains vulnerable to further downside expansion. Market Structure: ✅ CHOCH Confirmed ✅ Multiple BOS Confirmed ✅ Lower High Formation ✅ Liquidity Resting Below Current Price A break below 60,000 could accelerate the move toward 53,000 and potentially lower. Not Financial Advice.