Post #4015

🔻Bitcoin Bearish Outlook: Supply Zone Rejection Confirmed🔻 📉Technical Analysis Highlights: • Price broke down from a consolidation range after multiple rejections at resistance. • Bearish order block formed with strong imbalance to the downside. • Lower timeframe structure confirms bearish intent with a clean break of intraday support. • Next downside liquidity targets: $109,200 → $108,400 → $107,600 🧠Why We’re Bearish – Fundamentals Back It Up: • Mt. Gox Bitcoin repayments are set to release a massive supply (~$9B in BTC) back into the market, increasing selling pressure. • German government continues its large BTC offloading, creating further downward volatility. • Risk-off sentiment across global markets as inflationary concerns resurface, impacting speculative assets like crypto. • Reduced ETF inflows as institutions await clarity on U.S. rate cut timeline – dampening bullish momentum.