📉 Bitcoin Pullback or Setup for a Bounce?

BTC is currently trading at $109K, showing signs of short-term weakness after hitting a local high of $110.6K. Price is below the 7 & 25 MA, but still above the 99 MA — signaling potential strength on the mid-term trend.

📊 Indicators like KDJ suggest oversold territory, while MACD hints at a possible shift. Key support holds at $108.4K, and reclaiming $109.5K could open the door to a bullish recovery.

🧐 Watching closely — bounce incoming or further dip?

💹 #Bitcoin #BTC