🚨 Bitcoin Heavy Drop in Play 🚨
$BTC — $114,014.25 (-1.55%)
#Bitcoin slipped to $113,923 (-1.45%) as sellers dominate the 4H timeframe. Price failed to hold above $116,000, breaking near its 24H low ($113,770) — clear bearish pressure.
📊 Market Snapshot
• 24H High: $116,980
• 24H Low: $113,770
• Resistance: $116,000 – $118,000
• Support: $113,700 – $112,500
🔎 Trend Outlook
BTC continues printing lower highs, showing sellers in control. Losing $116,000 shifts momentum bearish, opening the door toward $112,500 unless buyers step in.
🎯 Bearish Trade Setup
• Short Entry: $114,200 – $115,000 (retest zone)
• TP1: $113,000
• TP2: $112,500
• Stop Loss: $116,600
⚠️ Note for Traders
Unless BTC reclaims $116,000 with strength, bears hold the edge. Best strategy: fade rallies near resistance with tight stops — volatility remains high.
#BTC #Bitcoin