Bitcoin Rejects VWAP as Downside Rotation Risk Builds

Bitcoin price action on the daily TradingView analysis continues to show weakness after a corrective rejection from the VWAP resistance. This VWAP level has capped price for an extended period, and the latest rejection reinforces its role as a key supply zone. Following this move, Bitcoin has now lost the point of control, an important technical signal that highlights immediate weakness and a shift away from balance.

From a market structure perspective, acceptance below the point of control suggests sellers are regaining control. As long as this level continues to act as resistance, the probability favors a rotational move lower rather than a sustained recovery. This aligns with broader corrective behavior seen across the market.

The next key downside level comes in at the 0.618 Fibonacci retracement. Notably, there is a clear swing low sitting just above this Fibonacci region, indicating resting liquidity below current price. Markets often gravitate toward these areas to rebalance and clear liquidity, increasing the likelihood of a deeper corrective move.

From a technical and price action perspective, the rejection from VWAP marks a critical inflection point. If Bitcoin remains below the point of control and fails to reclaim VWAP with strong volume, the path of least resistance favors a continuation toward the 0.618 Fibonacci as the next expansion zone.