#Bitcoin Breakdown or Bull Trap? $100K or $131K
As previously shared $BTC had a potential to tap $114K when it was around $120K.
But now, $114K support has broken, and price is currently trading in the bearish retest zone post-breakdown.
Bearish Targets: $107,000/$101,000
Important Note:
Watch $115,700 zone closely- This could be a liquidity sweep trap.
If any HTF candle (4H/D) closes strongly above $115,700, it invalidates the bearish structure and may flip into a bull flag breakout.
Key Levels:
Bullish Flip Zone: $115,700 (Close Above HTF = Exit Shorts)
Trend Reversal Trigger: HTF close above $119,000 → Can open door to $131,000
Remember:
Trade with confirmation, not assumption.
Always respect key levels and adapt if market structure shifts.