$BTC Bitcoin Slips Again — Bulls Fumble at $105K! 🐻

#bitcoin ($BTC ) bulls tried to party at the $105K resistance zone… but it seems the bears were already at the door, and they weren’t in the mood to dance. 💃🚪🐻

🧱 The Setup: From Lift-Off to Let-Down

After bouncing off the $102,500 level like a springboard, BTC shot up toward $105K. Bulls celebrated briefly as price soared above $104,200, but the joy was short-lived. The price reversed just shy of $105K — hitting a high at $104,980 — before crashing through the $103,600 support.

📉 Cue the drama: The upward trend line? Broken.

🧠 Technical reminder: This break hints at short-term bearish pressure.

📊 As seen in the chart:

BTC is trading below $103,500 and the 100-hour SMA.