๐ $BTC ket Update โ Bears in Control Below $107K
Bitcoin is currently trading at $106,514.01, down -1.2% on the day, as sellers keep pressure on the market. The recent rejection from $108,891 has solidified short-term bearish control, with lower highs and lower lows continuing to form.
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๐ Quick Snapshot
24h High: $108,891
24h Low: $106,117
Current Price: $106,514
Trend: Bearish momentum
---$BTC
๐ Key Technical Levels
๐ป Resistance Zones:
$106,800
$107,200 โ ๐ Pivot Level
$107,800
๐ป Support Zones:
$106,100 โ ๐ Break Level
$105,500
$104,700
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๐ Bearish Scenario (Dominant Setup)
If $106,100 fails:
Target 1 (TP1): $105,500
Target 2 (TP2): $104,700
Stop Loss (SL): Above $107,200
Momentum is with the bears unless $107.2K is reclaimed. A break below $106.1K could accelerate downside pressure.
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๐ Bullish Rebound Setup
If BTC breaks and closes above $107,200:
TP1: $107,800
TP2: $108,500
SL: Below $106,100
A bullish breakout above $107.2K would be the first real sign of strength in this pullback.
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โ ๏ธ Market Sentiment
Macro risks: Ongoing #TrumpTariffs speculation, global uncertainty.
No strong signs of reversal yet. Bulls need a catalyst or strong volume reclaiming $107.2K to shift sentiment.
