$BTC the wedge finally cracked, and bulls just lost the clean structure they were leaning on.


That 4H close below support matters. The old floor is now acting like resistance, and I’m watching this retest closely. If price keeps rejecting the break area, that’s a sign the buyers are still not getting it back.
This move had been grinding for weeks, so the shift out of compression into expansion makes sense. Late longs are the ones getting squeezed now, especially while BTC stays capped under the $78k area.
For me, the bearish read only weakens if BTC can reclaim back above the broken wedge quickly. Until then, the retest looks heavy.
BTC1.58%
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