🚨 $BTC – Lower High Confirmed, What’s Next? 🚨
Bitcoin closed around $105,700 — resistance at $109K still unbroken.
📉 Price Action Recap
Bitcoin attempted a breakout but printed another lower high around $108.5K, signaling hesitation. The $109K resistance remains the key short-term hurdle.
📊 Current Market Snapshot
Price: ~$106,000
Structure: Bearish short-term — unless $109K flips
Support Zones: $105K → $102K
Resistance: $109K → $112K
🧠 What the Data Says
Whales accumulating quietly — on-chain shows big wallets buying dips
Retail flows declining → possible liquidity flush ahead
Exchange BTC reserves at historic lows → long-term bullish setup
⚠️ What to Watch
Break above $109K? → Rally could push to $112K–$115K
Fail & Drop? → Eyes on $102K for a strong support bounce
Fakeouts likely → Market may trap longs/shorts before choosing a direction
✅ Tactical Tips
Use small size until direction is confirmed
Spot buying only near $104K–$105K if price holds
Wait for breakout above $109K for leverage trades
📌 Bottom Line
The market is in “trap mode” — don’t rush. This zone could be a setup for the next big move, but let the price confirm. Smart money is patient.
