🚨 Bitcoin’s playing Elliott—are you loading the rocket or grabbing the parachute?

A 24K BTC whale dump sparked a $4,000 drop and $838M in liquidations. $BTC

BTC is testing support around $110–111K—a pivotal range.

Downward pressure shows BTC stuck in a descending channel beneath 50/100 EMAs. $ETH

Supply bottleneck brewing: nearly 1M BTC now wired into treasury companies. $XRP

Holding above $109K might lead to $123K—if not, deeper retrace possible.

Going long or playing it safe?
#cryptocurrency #TechnicalAnalysis #BTC #MarketPullback #SOLTreasuryFundraising