Analysis:
BTC/USD has rallied strongly after multiple CHoCH (Change of Character) and BOS (Break of Structure) confirmations, showing clear bullish market structure. However, price has now entered a major resistance zone near 80,765, where sellers are reacting aggressively.
🔍 What stands out:
✅ Strong bullish momentum pushed price into premium supply/resistance.
✅ Price is showing rejection candles at the resistance block.
✅ A short-term pullback looks likely before the next major move.
✅ Lower FVG (Fair Value Gap) zones may act as downside magnets/liquidity targets.
🎯 Potential bearish targets:
First Target: Retest of recent support / BOS zone (~80,000–79,700 area) 🎯
Second Target: Drop into upper FVG zone (~78,900–78,500 area) 🎯🎯
Extended Target: Lower FVG fill if selling pressure increases 📉
⚠️ Invalidation:
If BTC breaks and closes strongly above 80,800 resistance, bearish pullback idea weakens and upside continuation may begin.
Bias: Short-term Bearish Retracement 📉 | Higher-timeframe Bullish Structure 📈