🚨 $BTC is at a critical junction.
Despite multiple attempts, Bitcoin has failed to close above the key resistance zone around $105K–106K on the daily timeframe, indicating strong selling pressure.
🔍 What the chart shows:
A potential Head & Shoulders pattern is forming on the 4H timeframe – a classic bearish reversal signal.
Strong rejection candles are visible near the upper resistance zone.
Price is struggling to hold above the trendline support — failure to hold could lead to a significant breakdown.
📉 Key Support Zone:
👉 $100K–101K remains the crucial demand zone.
A break below this level could push price toward the next support around $99K–95K.
📈 Bullish Scenario:
If bulls regain momentum and break above $106K, the next potential target could be $112K+.
📌 Summary:
Bitcoin is in a make-or-break zone. Watch the $100K–101K support closely. A decisive move from here will likely set the tone for the coming weeks.
🧠 Always trade with a plan. Risk management is key. #BinanceAlphaAlert