📉 $BTC /USDT Quick Market Pulse – June 8

Bitcoin just saw a sharp rejection from the $106,160 resistance, dropping back to around $105,685, despite earlier bullish momentum. A classic candle wick signals selling pressure near the top, pushing the price lower.

🔻 Bearish Hints:

MACD shows growing bearish momentum (MACD: -31.64, DIF: -11.69), confirming downward pressure.

Volume spike followed by red candles = classic bull trap sign.

Price briefly touched 24h high at $106,160.19, but quickly reversed.

📊 What’s Next? If BTC fails to hold $105,600, we could see a retest of the 24h low at $104,964. Bulls need to reclaim $106,000+ fast to avoid further breakdown.

Stay sharp. Volatility’s in play.

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