📉 $BTC Crash to $94K? Fibonacci Resistance Holds the Key ⚠️

💥 Bitcoin is losing steam just weeks after hitting its ATH of $111,814. It briefly reclaimed $110K on cooling U.S. inflation data, but dropped below $105K due to profit-taking and geopolitical tensions.

📊 According to analyst XForceGlobal, BTC faces 88.6% Fibonacci resistance at ~$110,500. This level has been tested but not broken — a key sign that the bullish impulse may be fading.

🌀 If resistance holds, Bitcoin may complete a corrective Wave C, targeting the $94K zone, forming a larger Elliott Wave 2 pattern. This would mark a deeper short-term correction.

🚀 However, the macro structure remains bullish. A successful completion of Wave 2 could trigger Wave 3, potentially launching BTC past $118,500 in the next bullish phase.

📉 For now, Bitcoin trades at $105,000, down 2.5% over the past 24 hours, as traders watch this Fibonacci battle unfold.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.