$BTC Pulls Back to $106,800 Then Rebounds to $108,488!!!!
Is this bounce a trap or start of a recovery???
Stay alert — reclaiming $110K with volume could confirm strength. Watch for volatility near $106K.
Low Hit: $106,800 during sharp intraday dip
Support Level: $106,000
Resistance Level: $110,500
Momentum: Mild recovery, but caution remains
What Happened:
$BTC saw a sharp drop to $106,800 likely due to panic selling and market-wide liquidations.
However, quick buy pressure pushed it back above $108K, showing bulls aren’t out yet.
Suggestion:
Stay alert — reclaiming $110K with volume could confirm strength. Watch for volatility near $106K.