Bitcoin
Short

BTCUSD – Bearish Continuation after Distribution (4H)

171
Context:
Clear bearish BOS from the top supply zone.
CHoCH confirmed → trend shift
Rejection from premium + EMA200 (dynamic resistance)
Strong displacement created FVG → institutional selling
Current view:
Weak pullback → bearish continuation setup
Sell zone (≈ 69.5k–71k) = confluence (FVG + EMA200 + supply)
Structure: Lower Highs + Lower Lows → bearish intact

🎯 Scenarios
1. Main scenario (Bearish) ✅
Rejection from 69.5k–71k
Targets:
TP1: ~67k
TP2: ~64.5k
TP3: ~62k (major demand)

2. Alternative (Invalidation) ❌
Break & hold above 71k–72k
→ Possible move toward 74k+
Indicates liquidity grab, not true bearish continuation

🧠 Conclusion
Market is bearish on 4H.
This is a pullback for continuation, not reversal.

👉 As long as price stays below 71k → short bias remains
Nota
istantanea

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