🔻 $BTC Drop below $110K – What’s next for $BTC?
$BTC soared to a peak of $109,769 but was quickly dropped, barely missing the $110K mark. It is now sharply correcting, retesting a key support zone around $108,500.
📉 Current price: $108,556
🔍 Resistance zone: $110K
🛡️ Critical support: $108,000 – $108,500
BTC
109,132.37
+0.64%
📊 Market pulse:
Bulls hit a wall at $110K — a clear rejection with aggressive sellers. The $108,500 level is now crucial. If it doesn’t hold, we may see a drop to $107K or even lower.
But if it holds, watch for a possible bullish bounce and a new push to break through $110K.
🎯 Trading plan:
• Watch price action at $108,500
• Bounce? Get ready to buy
• Breakout? Prepare for further downside
• Use tight stops — volatility is in full swing
⚠️ Attention: This zone is a battleground — trade wisely, not emotionally.