Marvel Santos

BTC 4H Update

Bitcoin is still trapped in a descending channel since early October. Price at ∼$79,880 is holding the $80,519 support but looking weak. The recent pump to $84k was a fakeout — tapped the channel top + $82.5k supply zone (purple box) and got rejected hard. We swept the lows around $79.3k liquidity. My projection: Short-term bounce to $78k-$77.5k (channel bottom) for a final liquidity grab, then a relief to retest $82.5k resistance, then continuation down towards $75,805. Bias: Bearish as long as we stay below $82.5k-$84,223. Invalidation: Break and close above $84,223. Manage risk.$BTCUSDT $ETHUSDT