🚨 Bitcoin Alert: Time to Watch Key Levels! 🚨
📉 $BTC has taken a slight dip to $104,627.89 (+0.19%) after hitting a recent high of $110,718.00. The bears are testing the market, and the next moves could be crucial! 👀
🧱 Resistance Zone: Around $111,100 – $110,700
Bitcoin struggled to stay above this level — this suggests strong selling pressure. If bulls want a comeback, this zone must be broken convincingly. 🔼
🛡️ Support Zone:
1️⃣ $106,050 – Minor bounce level
2️⃣ $103,068 – Local support (recent low)
3️⃣ $101,000 – Historical horizontal support
4️⃣ 🔻 $98,500 – 99-day MA (Critical support!)
⚠️ A drop below $103K could trigger a deeper correction toward the $98K–$96K zone, as the structure shows weakening. Watch those moving averages carefully! 📊
🔮 MACD & Volume are showing weak momentum — potential for further downside unless bulls reclaim key levels soon.
📌 What to watch next:
✔️ Hold of support at $103K
✔️ Reclaim above $110K for bullish continuation
✔️ Increased volume confirmation
💬 Are you buying the dip or waiting for confirmation? Let’s talk strategy! 💥