$BTC is currently showing weakness below the key resistance at $105,835, after a clear close below the ascending trendline. The recent shallow break confirms a lack of #bullish momentum.
Price action is now compressing, hovering just above the $100,718 support. If this level gives out, the next major psychological target is $100K – a zone many #traders are watching closely.
Bearish pressure is mounting, but there is no major breakdown yet. Will bulls step in, or are we headed for a deeper correction?
