🚨 BTC Fails to Breakout 108K? Beware of Correction to 100K! 💥
Bitcoin $BTC is again stuck at strong resistance of 108,368 USDT. For the past few days, the price has shown a narrow sideways pattern which indicates that the market is waiting for big momentum.
📊 Technical Analysis:
Strong resistance: 108,368
Nearest support: 100,701
RSI (14): 59.33 — not yet overbought, but starting to slow down.
Stochastic: Entering the overbought zone (88.92 / 72.67) → signal of potential short correction.
📉 If the daily candle is rejected again from 108K without sufficient volume, it is likely that BTC will pullback first to the psychological support area of 100K for consolidation before continuing to rise.
🔥 But remember, a valid breakout above 108K could be a strong trigger to the next target: 115K - 120K!
Do you think BTC will breakout or dump to 100K first?
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