$BTC Rally Stalls Near $112K — Is This Just Market Breath or a Pivot Point?

bitcoin ($BTC) is currently trading around $105,300, slipping -0.47% on the day. After an explosive rally that saw BTC smash through the $112K level, the sudden dip has left traders questioning — is this just a cooling phase or the early signs of a deeper market shift?

🚨 Market on Edge:

The pullback is sparking concern among bulls who expected momentum to continue.

A failure to hold the $104K–$106K support zone could trigger panic selling or short-term capitulation.

Indicators like RSI and MACD are flashing early warnings on multiple timeframes.

📉 Key Watch Zones:

$104K = immediate support

$102K = potential danger zone

Reclaim of $108K = potential relief

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