$BTC /USDT Rejected Again from $111,000 – Bears Take Control

Bitcoin has once again failed to break above the $111K resistance zone, making this the fifth or sixth clear rejection near that level. Price quickly dropped to $107,616, showing strong selling pressure.

This repeated rejection shows that bulls are losing strength near the previous highs. Bears are now in control on the short timeframe, and the trend has turned short-term bearish. Traders should stay alert — further downside is possible if BTC fails to reclaim $109K quickly.