$BTC ⚠️ BTC Breakdown Imminent? Key Levels You Must Watch Today!👀
🪙 Current Price: ~$108,170
📊 24h Change: -3.7%
⚖️ Sentiment: Neutral → Cautious
🔍 Key Technical Levels
📌 Support:
-$109K (lost support, now resistance)
-$105.5K (interim support)
-$103K (critical level – break could lead to deeper correction)
📌 Resistance:
-$111K–$112.5K (short-term resistance zone)
-$114K (major resistance – weekly close above is bullish)
-$117.5K+ (breakout level)
📉 Trend Overview
⏳ Short-Term: Bearish below $109K
🔁 Mid-Term: Sideways consolidation ($103K–$114K)
📉 Momentum: Bearish divergence forming, declining buying volume
⚔️ Strategy
🧠 For Traders:
Avoid longs below $109K
Short setup active below $110K — targets $105.5K / $103K
Scalp longs only if $103K shows strong bounce reaction
📥 For Investors:
DCA between $103K–$108K if long-term bullish
Watch for weekly close above $114K before scaling in larger
Protect downside — if $103K breaks, next key zone = $98K–$100K
🧠 Market Notes
Whale distribution near $113K
ETF + macro data influencing volatility
Volume spikes on red candles → cautious signal
Institutional interest remains, but not aggressive
📆 Watch This Week
1- $114K+ Weekly Close = Bullish
2- $103K Breakdown = Likely 4–7% drop
3- Volume confirmation needed for any breakout.