$BTC Analysis Notice – Short Position Preparation in Progress!

Bitcoin has sharply declined from its recent high of $108,952, now trading at $104,341, indicating a daily drop of -3.07%. Selling pressure is clearly increasing, and the bears are losing control.

If prices fail to reclaim the $106,000 area soon, we may see further slip towards key support zones.

Insights:

This pullback appears sharp and aggressive. If BTC does not quickly recover to 106K, the bears may push the price deeper. Follow major news and monitor the volume around the 104K area for more clues.

Open a short position now, and take profits while we follow the downward trend..

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