According to @CryptoMichNL, Bitcoin has printed a new low and a credible reversal setup requires a high-volume bounce and a decisive break above the 4H 20-MA to establish a higher high, which could open upside for BTC, source: @CryptoMichNL. He highlights a recurring pattern of sharp downside after the U.S. market opens, underscoring session timing risk for long positions, source: @CryptoMichNL. Traders should watch the 4H 20-MA as a confirmation trigger and monitor volume around the U.S. cash open to assess whether selling pressure persists or exhausts, source: @CryptoMichNL.