BTC Short Setup – Target 104k
Bitcoin just broke down hard, testing the key red support at 112k.
• RSI is deep oversold, but momentum stays bearish.
• MACD turned sharply negative.
• Volume spiked on the drop, confirming strong sell pressure.
👉 If today closes below 112k, a move toward 104k becomes very likely.
Only a quick recovery above 114–115k could cancel this bearish setup. / close upper the red line
