Bitcoin Price Action: Bearish Trend Persists as $108K Wall Holds Strong

🪙 Bitcoin (BTC) Update – Price Weakness Continues

Current Price: $107,730.52

24-Hour Change: ▼ -0.45%

---

🔍 Market Overview: Bearish Pressure Mounting

Bitcoin is struggling to gain upward traction, with repeated rejections from the $108K+ zone confirming seller dominance. A series of lower highs suggest fading bullish momentum and raise the risk of further downside if support levels falter.

---

🔺 Key Resistance Zones

$108,800 – Daily High / Major Resistance

$108,400 – Minor Resistance

$108,000 – Psychological & Intraday Barrier

🔻 Crucial Support Levels

$107,250 – Immediate Support

$106,500 – Breakdown Level to Watch

$105,000 – Strong Demand Zone

The price is consolidating below $108,000, with sellers defending this key area. A break below $107,250 could trigger an accelerated move toward the $105K zone.

---

🎯 Short Trade Setup (Bearish Bias)

Entry Zone: $107,700 – $107,900

Target 1: $107,000

Target 2: $105,000

Stop Loss: $108,850 (Above Major Resistance)

---

⚠️ Outlook: The trend remains weak unless BTC can flip $108,800 into support. Until then, caution is advised for long positions. Bears are in control—watch for breakdown confirmation below $107K.

#DYMBinanceHODL #BTCBearish #CryptoTradeSetup #BitcoinUpdate #BTCPriceAnalysis

---

Let me know if you'd like this translated, summarized, or turned into a visual/chart.