$BTC

Bitcoin Analysis – Bearish Sentiment 🧠📉

I’m currently holding a bearish outlook on $BTC. After failing to hold the $106K support level, Bitcoin is showing signs of consolidation with decreasing volume. I’ve noticed a bearish divergence in RSI and MACD on the 4H chart, indicating a possible short-term pullback.

In my trading setup, I’ve placed a short position with a tight stop-loss and target at previous resistance-turned-support zones.

Although long-term fundamentals remain strong, short-term technicals suggest caution.

Let’s see if BTC surprises or dips before the next leg up.

What’s your view on BTC right now?