🚨$BTC #BTCUSD Market Update (1H Chart)
💥 Bitcoin is showing strong bearish momentum after a clear rejection from the key $110K resistance zone — bears are back in control! 🧨📉
🔻 Current Price: $109,325 (-1.34%)
Sellers are stepping in hard, keeping pressure on the bulls as momentum fades near the top.
🔹 Key Support Zones:
🟢 $108,500 — first reaction zone
🟢 $107,200 — short-term buyer defense
🟢 $106,500 — possible liquidity grab area
⚡️If price breaks below $108,500, we could see a quick drop toward the lower supports. Watch out for fake outs or short squeezes near these levels!
💡 Pro Tip: Stick to your plan — manage risk 🎯, use stop-losses 🛡️, and don’t chase moves!
🔥 Trend: Bearish bias remains strong unless $110K breaks with volume.
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