Bitcoin is showing signs of weakness as it fails to sustain above the critical $121K level. This price zone has acted as a key battleground between bulls and bears, and the latest rejection suggests selling pressure is still present.
📉 If BTC breaks below the blue trendline, the next likely target will be the $116K trendline support — a level traders will be watching closely for potential bounce or further breakdown.
For now, the market is at a decisive point: holding above current levels could reignite bullish momentum, but losing them may open the door to a deeper correction.
