Bitcoin at the limit: Bears attack with $1.3B pressure!
The last 5 days have seen massive aggression from the selling side, with the net accumulated volume of takers falling to $1.3B. Despite the bloodbath in $BTC, the price remains strong above the support zone of $106K X.
The bearish momentum is increasing (purple spikes), but the price remains resilient. Is this a sign of possible bullish absorption?
▲ A breakout above the descending trendline = bullish ignition.
▼ A breakdown below $106K = confirmed bearish control.
We are at a decisive moment. Stay alert. This movement could define June.