$BTC /USDT REJECTED AT $111K – BEARS BACK IN CONTROL
#Bitcoin once again faced strong resistance around $111,000 and failed to break above it. After touching a 24h high of $110,422.22, price dropped sharply to $107,982.32, showing that bears have taken control for now.
24h Low: $107,982.94
24h Volume: 14,629 BTC | $1.60B USDT
This pullback is important, but the good news is that we still have strong support near $106,000, which I mentioned earlier. That level remains valid and could help stop further downside.
If price holds above $106K, bulls may try again for a recovery. Watch closely — the next few moves will decide if BTC is ready to bounce or drop further.
Trade here on $BTC