Bitcoin Breaks Trendline: Key Support at $107K in Focus
As anticipated, Bitcoin has broken below the trendline and touched the critical $107K support level we've been tracking. This level acted as a pivot point, sparking a modest rebound.
If BTC manages to hold steady above $107K, we could see a recovery toward the $110K resistance zone. However, a breakdown below $107K may trigger further downside, with the next key support lying near $105K.
Stay tuned โ the next few moves could be pivotal for Bitcoin's short-term trajectory.
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