$BTC
/USDT BEARISH MOVE BREWING — WATCH FOR POTENTIAL DROP BELOW $103K!
Bitcoin is currently facing downward pressure near $103,600 after a failed breakout above $104,900. Sellers are stepping in, and price action is forming a lower high pattern on the 1H chart, suggesting a bearish reversal may be underway.
Trade Setup (Short):
Entry: $103,500 – $103,800
Take Profit: $102,800 / $102,200
Stop Loss: $104,300
Market Outlook:
The momentum appears to be shifting to the downside as bulls struggle to reclaim recent highs. A break below the $103,000 support could confirm a deeper pullback. Caution advised on long positions until strength returns.
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