$BTC fam, things are heating up โ but not in the bullish way. ๐จ
After failing to hold momentum above $124K, $BTC is showing some serious weakness. The charts are screaming bearish pressure, and if $107K breaksโฆ we could be staring at one of the biggest crashes of this quarter.
๐ Market Snapshot
๐ฐ Price: $108,684
๐ 24h High/Low: $108,926 / $107,350
๐ MA(7): $110,894 | MA(25): $115,278 | MA(99): $111,688
BTC is trading below short-term moving averages, and $111.7K (MA99) is acting like a wall. Every bounce attempt? Rejected. โ
๐ Key Levels to Watch
๐ Resistance: $112.8Kโ$113K / $115.2Kโ$116K
๐ข Support: $107K (critical)
๐ด Major Support: $105Kโ$103K
๐ Break below $107K = cascade selling, liquidations & panic moves down to $105K or worse.
๐ Momentum Check
MACD: -746 (deep in bearish zone)
Volume: Heavy selling pressure ๐
Sentiment: Fear rising fast ๐ฐ
โ ๏ธ Crash Warning
Last time, we nailed the call to $111Kโ$107K โ
Now, charts show the next zone is $107Kโ$105K. If this failsโฆ buckle up for a bigger wipeout.
โ Trading Game Plan
1. Scalpers/short-term traders: Tight SL above $113K.
2. Long-term hodlers: Donโt panic sell. Wait for confirmation.
3. Risk control: Hedge & keep some stablecoins ready.
๐ Final Word
The next 48โ72 hours are critical. If $107K breaks, expect fireworks โ but not the bullish kind. Stay sharp, manage risk, and donโt let emotions take over.
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