#BTCWhaleMovement Bitcoin Warning: $110K Rejection #3 – Pullback or Breakout Next?

Bitcoin just got rejected for the third time at the $110K level — and traders are asking: is this a healthy pause before a breakout, or the start of a deeper pullback?$BTC

📊 Market Snapshot

Triple Rejection at $110K: $BTC surged above $110K but once again failed to hold. This resistance zone ($110K–$112K) is proving hard to crack.

Support Levels: Immediate support rests around $108K, with broader downside protection near $105K.

🔍 Technical & On-Chain Breakdown

Bearish Divergence: RSI and MACD are showing short-term bearish signs on intraday charts.

Symmetrical Triangle Formation: BTC is ranging between $108K–$110.6K — a zone of indecision often preceding a breakout.

Whale Movement Alert: A dormant whale wallet moved 20,000 BTC (~$2B),