Right now, #BTC is short-term bearish, trading below the green structure around $90,000. As long as price remains under this level, upside momentum stays capped and the market is vulnerable to more downside.

The key risk level is clear:

If $BTC breaks below the lower blue trendline, this would signal a shift into a long-term bearish phase, opening the door for a deeper move toward the $80,000 area.

On the flip side, there’s still a bullish path:

If BTC manages to reclaim and hold above the $90,000 structure, momentum flips back in favor of the bulls, with price targeting the upper bound of the wedge near $100,000.

⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.

📚 Stick to your trading plan regarding entries, risk, and management.

Good luck! 🍀

All Strategies Are Good; If Managed Properly!

~Richard Nasr