Bitcoin Approaching First Major Downside Target $BTC is pulling back after failing to hold above recent local highs. The price is now heading toward the first significant downside support zone. Current Technical Picture: Clear rejection from resistance Short-term momentum weakening Risk of lower high formation Increasing downside pressure Key Level to Watch: $78,100 – $79,500 This is the immediate support zone. A clean hold here keeps the broader bullish structure intact. However, a decisive break below it could open the door for faster liquidity hunting and increased volatility. Important context: This pullback doesn’t automatically invalidate the longer-term uptrend. Corrections are healthy and normal during expansion phases. What matters now is whether buyers step in with conviction at this support area. Assets reacting closely to BTC’s movement right now: $ETH and $SOL. Verdict: Momentum is slowing first. Liquidity is about to be tested. Bitcoin is entering a critical phase where the strength of support will determine the next meaningful move. #WarshConfirmedMay15 #Anthropic156%In3Mo