$BTC USDT BEARS PRESSURE AS PRICE STRUGGLES TO HOLD ABOVE $110K
Bitcoin is showing signs of weakness after failing to sustain momentum above $111,800, with the current price trading around $109,553 (-1.89%).
🔎 Key Levels to Watch:
Resistance Zone: $111,400 – $111,800 (buyers must reclaim to regain bullish momentum).
Immediate Support: $108,600 – if broken, BTC could revisit deeper levels near $107,200 – $106,700.
Upside Targets: Only a breakout above $113,700 can shift sentiment back toward the $116K–$118K range.
📊 Market Outlook:
The rejection from recent highs suggests short-term bearish control, with sellers pushing BTC down. Trading volumes remain high, signaling active participation but with downside pressure. If BTC holds $108,600, a consolidation phase could follow before the next big move.
⚠️ Next Move:
Bearish scenario: Losing $108,600 opens the door to $107,200 and possibly $106,700.
Bullish scenario: A quick rebound above $111,800 may trigger momentum toward $113,700 and higher.
👉 Traders should watch the $108,600 support zone closely — its strength or weakness will define Bitcoin’s next trend.
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