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Most breakdowns don’t happen because support fails. They happen because every bounce gets weaker.
$BTC broke below its rising channel and turned a key support zone into resistance. Since then, each rally has been sold faster than the last, showing buyers are losing control.
Price is now stuck below the previous support while forming lower highs. Until that level is reclaimed, the path of least resistance remains lower because sellers keep stepping in on every bounce.
The trend doesn’t change when price stops falling. It changes when buyers take back control.
#Bitcoin #BTC #Crypto #MarketStructure #PriceAction