🧵 $BTC Update – Breakdown Confirmed! What’s Next? 😱🚨
As predicted in our last chart analysis, #Bitcoin has broken down from the symmetrical triangle — and the move was backed by strong selling volume. 📉💥
🔍 Current Price: $118,211
📉 Key Support Zone: $112,000 – This level is absolutely critical for bulls to defend. A break below could trigger deeper downside!
⚔️ What Comes Next?
📍 Scenario 1 – Bounce from $112K:
If BTC holds strong and buyers step in, we could see a powerful rebound and trend reversal. Look for bullish confirmation near support! 🛡️🔁
📍 Scenario 2 – Breakdown Below $112K:
If sellers push BTC under $112K with volume, expect further drop to next support zones. Don’t trade blindly — wait for confirmation! ⚠️🩸
📊 Chart Summary:
Triangle pattern played out with a bearish resolution
MACD momentum faded — signaling shift in short-term control
Market indecision has flipped to bearish pressure
💡 Pro Tip: Set alerts at $112K and $115K. Be ready for a bounce play or continuation short depending on how price reacts to this level.
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