$BTC facing strong bearish continuation after failing to reclaim the 79,150 resistance zone.


Sellers remain firmly in control as price continues respecting the descending intraday structure.

EP
79,000 - 79,120

TP
TP1 78,850
TP2 78,650
TP3 78,300

SL
79,380

Liquidity continues getting swept on weak upside reactions while bearish momentum remains dominant after repeated rejection from local highs. A clean breakdown below 78,850 could trigger another aggressive downside expansion toward deeper support levels.

Let’s go $BTC ‌#GateSquareMayTradingShare
BTC-3.04%
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Post-RainReflectionsMarket
· 1h ago
This logic is clear: a downward channel + multiple false breakouts, so I followed.
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Half-SectionedSucculent
· 6h ago
79,380 The stop-loss is set a bit wide, but trend orders definitely need some room.
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AmberTeaSwirl
· 6h ago
TP1 78,850 This level break means acceleration, liquidity hunting is played quite well.
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BridgeSideBanter
· 6h ago
The short-term structure is indeed nice, repeatedly rejected around 79k, let's see if there's a quick move.
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