Bitcoin Price Action: Full Retracement to Yearly Open Bitcoin has wiped out its 2026 gains, completing a 100% retracement of the recent move. Key Levels: • Resistance Rejected: $97,900 (The +12% peak). • Support Tested: ~$87,500 (The Yearly Open). Market Analysis: The rapid decline has neutralized the Year-to-Date (YTD) performance. However, technical structure suggests the long-term trend is still intact. This price action is characteristic of a "shakeout" phase to clear excess leverage before trend continuation. $BTC #Bitcoin #MarketUpdate #TechnicalAnalysis #Volatility