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🧠 Simple BTC Analysis

📍 Current Price: $102,684

❗ Recently hit a high of $111,968, but fell after that.

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🔵 What’s Happening Now?

• Price got rejected from the top zone (around $111K) — that area has strong sellers.

• Now it’s dropping and testing $100K, which is a very important support.

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📉 Bearish Signs (Price Going Down)

1. Broke trendline going up — shows bulls (buyers) are getting weak.

2. Fell below small support box — confirms short-term selling pressure.

3. Looks like a bear flag — could drop more if $100K breaks.

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📈 Support Levels (Where It Can Bounce)

• $100K – current support. Very important level.

• $91,888 – past strong support.

• $81,848 – bigger support area below.

• $74,456 – if all above levels break, next big bounce zone.

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📊 What Bulls Need (If You’re Hoping for a Rebound)

• BTC must go back above $106K and hold.

• Best case = price goes back above $111K to become strong again.

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✅ Summary:

• Short-term: Weak (bearish).

• Watch $100K: If it breaks, BTC could fall more.

• If it bounces: Needs to reclaim $106K+ to be bullish again.

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