$BTC Key Takeaways:
• $108K Support Broken: After several retests, the $108,000 level gave way.
• Next Critical Level: $106,000 is now the key support — bulls must defend it to prevent a slide toward $105K or lower.
• Buyers Still in Play: Despite the drop, bullish interest remains. Price action is volatile but still constructive above $106K.
What to Watch:
• Holding above $106K could fuel recovery attempts toward $108.5K and $110K.
• A clean break below $106K may trigger a move into the $103K–$105K range.
• High volume reflects strong engagement from both buyers and sellers.
Conclusion:
Bitcoin is cooling off after a strong rally — this is a tug-of-war between short-term selling pressure and longer-term bullish strength.
Bulls must hold $106K to stay in control.
