📉 Bitcoin Slips Again — Bulls Fumble at $105K! 🐻

#bitcoin ($BTC ) bulls tried to party at the $105K resistance zone… but it seems the bears were already at the door, and they weren’t in the mood to dance. 💃🚪🐻

🧱 The Setup: From Lift-Off to Let-Down

After bouncing off the $102,500 level like a springboard, BTC shot up toward $105K. Bulls celebrated briefly as price soared above $104,200, but the joy was short-lived. The price reversed just shy of $105K — hitting a high at $104,980 — before crashing through the $103,600 support.

📉 Cue the drama: The upward trend line? Broken.

🧠 Technical reminder: This break hints at short-term bearish pressure.

📊 As seen in the chart:

BTC is trading below $103,500 and the 100-hour SMA.

RSI is down to 41.50 — trending bearish.

MACD? Not looking pretty either — deep in the red zone.

🔍 Where Are We Now?

Support is forming around the $102,850 level — the 50% Fibonacci retracement of the $100,772 to $104,980 rally. But if this fails, BTC could test the $101,750 zone or worse — the $100,500–$100,000 danger zone.

Key Levels:

🟥 Resistance: $103,600 → $104,200 → $105,000

🟩 Support: $102,850 → $101,750 → $100,500 → gulp $98,800

🐻 Bearish Mood or Just a Breather?

Until BTC reclaims $104,200 with confidence, it's more likely we’ll see a bearish grind. A daily close above $105,000 could flip the script — but right now, bulls are losing steam.

Meme Mood:

📉 When BTC hits $104,980 and then says “I’m tired.”

“Ight, Imma head out…” – BTC after faking a breakout.

⚠️ TL;DR (Too Long; Didn’t Read)

BTC stalled at $105K, now under pressure below $103.5K.

Immediate support lies at $102.85K. Below that, $101.75K and $100K are key zones.

RSI and MACD are both signaling downside momentum.

Bulls need to push above $104.2K fast or risk more pain.

🔔 Stay cautious. The bears are still in the building.