BTC Key Battleground Begins: If 102K Can't Hold, Watch 95K; Don't Talk About Reversal if 108K Doesn't Break!
$Big Cake The fluctuations in the past two days are not just random movements, but are dancing precisely on the technical 'death line'.
After quickly rebounding after falling below 103K, the price has formed a double hammer shadow line while standing on the green composite support zone between 102.5K–105K. As long as this area holds, there is still some breathing space in the short term.
📉 However, the pressure above is also not easy, as the price is being squeezed inside a purple descending triangle structure, with the apex just stuck at 108K; this is the key level for bulls and bears going forward.
📈 If we can break through 108K in one go, the pattern will be officially broken, and the target could reach the resistance level of 111.7K–112K, even pushing towards 115K is not a dream.
On the contrary, if the daily closing price falls below 102K, we may need to prepare for a drop to the lows of 98K or even 95K.