$BTC Update
BTC continues breakdown after failing VWAP stack reclaim. Clean rejection at 30D/7D VWAPs confirms seller control. Price now testing pMonth VWAP, a major line in the sand.
Key Levels:
Resistance: 105,553 (16D VAL), 107,089 (pWeek VWAP)
Support: 104,015 (pMonth VWAP), 103,224 (dYear VAH)
Scenario:
→ Failure to hold pMonth VWAP opens 103.2–102.5k test
→ Reclaim above 105.5k needed for any recovery setup
Bias: Bearish under VWAP stack. Watching for reaction at pMonth VWAP — hold = potential mean reversion, failure = acceleration lower.