$BTC Case 2: Panic Sell when BTC fails to close above 114,000

The current bullish support level has been broken. Although RSI is oversold, if it stays below 114 for 1-2 days, the RSI will recover.

If in a few days the price remains below 114, the scenario will be as follows:

- The price will finish swinging and then dump strongly down to 110 very soon.

- It won't stop at 110 - The price will dump deeper because there is no support.

- The final support level will be 105 at the 50 EMA on the 3D chart.

Remember these levels: 110 - 107 - 105 are important support points!

This scenario is highly likely to occur when the 1D candle closes red almost fully below 114 like this!