$BTC Confirms Bearish Structure After Neckline Rejection
#Bitcoin has rejected the 94k–98k neckline resistance, confirming a bearish market structure.
➡️ Resistance: 94k–98k
➡️ Supports: 80k → 75k → 70k
Structure shows a confirmed Head & Shoulders Pattern Failed, Followed by a bear flag breakdown, trend remains decisively bearish.
Outlook:
Below 90k, downside continuation is favored.
Measured move points to 75k–70k (~22% downside).
Bullish bias only returns on a strong reclaim and acceptance above 92k.
Until then: sell the rallies, respect the trend.
Not financial advice. DYOR.
