Bitcoin
Short

BTC/USD – Structure Played Out Perfectly | Major CHoCH Confirmed

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As marked in the previous analysis (shown on the right), BTC/USD respected the channel structure and delivered the expected downside move after confirming both Minor and Major CHoCH (Change of Character) levels.

Price reacted beautifully within the ascending channel, failing to hold the upper trendline resistance and then showing a clear structure shift — confirming bearish momentum.

This move validates the power of multi-timeframe structure + CHoCH confirmation, which provided an early sign of the reversal.

✅ Bearish CHoCH confirmation at the channel top.

🔹 Strong rejection from upper trendline resistance.

📉 Price broke structure and followed the projected path precisely.

⚙️ Next major support zone sits near 108,500 – 109,000 USD.

🧭 Possible short-term consolidation before continuation.

#BTC #PriceAction #SmartMoneyConcepts #CHoCH #TechnicalAnalysis #CryptoTrading #HenishMavani

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