$BTC /USD BEARISH ANALYSIS 🔻 | BITCOIN STRUGGLES BELOW RESISTANCE – DOWNSIDE LIKELY!

📉 Current Price: $105,583

🔺 Key Resistance Levels: $108,000 – $112,000 – $118,000

🔻 Key Support Levels: $104,000 – $102,000 – $98,000

Bitcoin is currently trading in a tight range near $106K, failing to reclaim the $108K resistance. Sellers are stepping in at key levels, and unless bulls push price above $108K soon, we could see a bearish reversal to lower supports.

📊 TRADE SETUP – SHORT

🔹 Entry: $105,600

🎯 Targets:

• TP1: $104,000

• TP2: $102,000

• TP3: $98,000

🛑 Stop Loss: $108,200

📌 RISK MANAGEMENT:

Only risk 1–2% of your capital. Maintain strict SL and avoid revenge trading. Use position sizing wisely and follow trend confirmation signals. ⚖️📉

🚨 Patience and discipline are your best indicators! 📊💼

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