$BTC

🚨 Bitcoin Update 🚨

🔸 BTC has surged 51% over the last 2 months, recently breaking the ATH of 106,500, touching a new high near 112,000.

🔸 However, the price failed to sustain above the ATH, showing signs of profit-taking and a potential trend reversal.

🔸 BTC broke its uptrend line and has retested it from below, now turning 106,500 into strong resistance.

🔸 Price structure shows a lower high pattern, hinting at bearish pressure.

💡 What to Watch:

✅ Consider a short position near 106,500, but only with strict stop-loss above resistance.

✅ Potential targets: 100,000–98,000 and deeper at 94,000–92,000.

⚠️ Caution: Expect volatility near ATH.

Avoid high leverage! #BTCPrediction #bitcoin $BTC