$BTC / USDT traders โ time to tighten your seatbelts.
Bitcoin just crashed out of the $109.6K supply zone, and itโs not looking pretty. Letโs break it down ๐
๐ Whatโs Going On?
๐บ Multiple rejections at $109.6K = confirmed seller stronghold
โ Lower highs & lower lows on the 30m chart = short-term bearish market structure
๐ฏ๏ธ Strong rejection candles = clear sign of fading bullish strength
๐ Short Trade Setup (30m chart)
๐ฏ For active scalpers and short-term traders:
Entry Zone: $108,900โ$109,400
TP1: $109,000
TP2: $108,600
TP3: $108,200
Stop Loss: $110,200
๐ก Risk-Reward ratio favors bears for now โ but tight stops are key.
๐ง Market Sentiment:
Bears are holding the line below $109.6K, rejecting any bullish recovery. Unless bulls reclaim that key level fast, the door opens toward $108.2K and lower.
If the $108.2K support cracks?
๐ We could be heading to sub-$108K zones next.
๐ฉ Final Thoughts:
โ Bearish until price closes above $110.2K
๐ซ Avoid chasing the move โ wait for retests & confirmations
๐ Trade smart, not emotional
๐ฌ Will BTC hold $108K or will the bears break it?
Letโs talk charts in the replies ๐
#BTC #NFPWatch #TrumpVsMusk #REX-OSPREYSolanaETF #DYMBinanceHODL 