Bitcoin is facing a critical juncture as its macro retracement converges with a tight mid-range battle between $86,000 and $100,000. With bearish patterns confirmed and short-term support holding, the market now waits to see if bulls can reclaim momentum or if a deeper pullback is on the horizon. Bitcoin Confirms Macro Top: Bearish Phase Underway According to an update from Crypto Patel, Bitcoin appears to have confirmed a market top and is now transitioning into a broader macro retracement phase. The loss of a key bullish support level has shifted the market structure into a bearish phase
source: https://www.newsbtc.com/news/bitcoin/bitcoin-macro-retracement/