Since the rejection near $90K, $BTC has been struggling at its first major test of the 34 EMA. On the 4H chart, lower highs keep forming, showing that bullish momentum is fading. Each bounce attempt looks weaker, while sellers continue to control lower levels.

Historically, when price gets rejected at this EMA after a strong move, it often signals the end of the trend. If $BTC breaks below the $67K support zone, it could confirm a structure shift and open the door for further downside. Right now, price action feels more like redistribution than accumulation — unless buyers step in fast, the path of least resistance looks lower. 📉🔥

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BTC

66,396.53

-1.32%