$BTC

#Bitcoin Update 4 Hours - Bearish Structure in

Progress

Bitcoin has fallen from the head and shoulders pattern and lost the key support around $106,000, which is now acting as resistance.

The

Attempts to retest have failed (as indicated by the red arrows), reinforcing the bearish pressure.

Bearish Targets:

Target: $102,261.08

If the price remains below the broken support area and fails to reclaim $106,000, the path will remain open for further declines towards these levels#CEXvsDEX101 #FTXRefunds #TrumpMediaBitcoinTreasury #PCEMarketWatch