⚠️WATCH THIS: BITCOIN FAKE BREAKOUT AND BEARISH CHANNEL

The anticipated breakout in Bitcoin didn't materialize as expected in our last update. However, there's been a notable rebound in BTC's price, raising the possibility of a potential breakout in the market structure.

It's crucial to closely monitor the current market price for signs of either a confirmed reversal or breakout to ascertain the future trajectory. If BTC continues to indicate a retracement towards lower levels, there's a chance it could dip towards the 50k zone.