#Bitcoin 🦋
Current Outlook
Friends, unfortunately the 106K support was broken and we saw a sharp decline.
🔴 As I have emphasized many times before, below 106K, the main support is the 102K level.
However, a return from the region I have indicated with a red box on the chart will complete the formation of the Bullish Butterfly Formation.
For now, it has received a reaction from the upper level of the region I have indicated with red.
📌 The levels I have indicated on the chart will be the levels we will follow as targets in the smoke that this reaction will carry the price up.
📍$106,600
📍$110,729
Still, the most solid support below 106K is the 102K level.
Don't get me wrong, I am only sharing a possible return scenario here.
🕵️♂️ Continue to follow patiently.