๐ Current Market Structure (1D)
Price: ~77,845
Trend: Strong bearish
Structure: Lower highs + lower lows โ downtrend intact
BTC got rejected hard near 97,900 and since then itโs been a distribution โ breakdown โ panic leg.
๐ EMA Analysis (Very Important)
From your chart:
EMA 7: ~81,723
EMA 25: ~87,086
EMA 99: ~93,287
โ Price is below all EMAs
โ EMAs are fanned out downward
๐ This confirms strong bearish momentum, not just a pullback.
๐ด Volume Confirmation
Huge red volume spike during the drop
Sellers are aggressive โ real distribution, not fake dump
This is institutional selling, not retail noise.
๐งฑ Key Support & Resistance Zones
๐ข Immediate Support
75,700 (major daily support โ already tested)
If this breaks & closes below โ:
72,800 โ 73,200
Then 69,500 โ 70,000 (psychological + structure)
๐ด Resistance (for any bounce)
80,800 โ 81,700 (EMA 7 zone)
84,500 โ 85,000 (breakdown level)
88,800 โ 89,800 (EMA 25 + structure resistance)
Price must reclaim 85K+ to even talk about trend change.
๐ง Likely Scenarios (Next 1โ2 Weeks)
๐ป Bearish Continuation (Higher Probability)
Weak bounce โ rejection near 81โ82K
Breakdown of 75,700
Move toward 72K โ 70K
๐ก Relief Bounce (Only if support holds)
Sideways consolidation 75โ80K
Short-term bounce, but still a sell-the-rally market
#WhenWillBTCRebound #PreciousMetalsTurbulence #MarketCorrection #BTC
