$BTC

📉 Have we entered a correction phase? Bitcoin Movement Analysis 🔍

Bitcoin broke below the level of $108,350 today, which means that this level has turned from support to strong resistance 🔄

🚨 If the daily close remains under $106,500, this is a clear confirmation of the continuation of the corrective movement, and we may see further declines towards deeper support levels, possibly $104,000 or even $102,500 if selling pressure increases.

🎯 What does this mean for traders?

For those trading on short timeframes (scalping): be cautious about going long (buying) at nearby resistances, and watch for reversal signals closely.

For those who prefer day trading: the stronger scenario currently is to sell on every failed bounce towards the $108,350 level, with a tight stop-loss above.

💡 Your golden opportunity now? Keep a close eye on the $106,500 level. If the price closes clearly below it, there may be an excellent opportunity to enter a short-term sell position with an initial target at $104,500.

📌 Important reminder: Capital management is more important than any analysis, and the markets are unforgiving to those who trade with emotion!