@chainalix7

🚀 Bitcoin recently hit a new high but failed to hold above the broken resistance zone. It faced rejection ❌ and dropped back below the previously breached level. 📉 The ascending trendline has also been broken, and price is now attempting a pullback to the broken structure. As long as BTC remains below this resistance zone, a move lower toward the next key support levels is likely. 📊 On the bigger picture, the outlook still remains bullish on higher timeframes ✅, but in the short term, a deeper correction is on the table. ⚠️ Invalidation: A strong breakout and daily close above the resistance zone would cancel the short-term bearish scenario and resume the broader uptrend. 🔥 What do you think? Could this correction go deeper? 👇 Drop your thoughts in the comments! 💬📈 #Bitcoin #BTC #Crypto #BaseApp @base.base.eth

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