$BTC Market Update 🚨

#Bitcoin is facing renewed selling pressure, currently trading around $109,791 after failing to hold above the $111,000 resistance zone.

The price has slipped below the MA(7) and MA(25), showing short-term weakness, while the MA(99) near $114,200 remains a key barrier for any upside move. $BTC immediate support is at $106,000 — if this level breaks, a deeper test toward $102,000 could follow.

However, if Bitcoin can reclaim $111,500 with strong volume, a recovery toward $116,700 and $122,000 remains possible.

The next few candles will be crucial in deciding whether $BTC continues its correction phase or begins a new leg upward.

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