$BTC Rejected Below $105.5K – Pressure Mounts.$BTC failed to reclaim the $105,550 resistance, with current price action hovering around $104,258. Despite a temporary bounce from $102,664, momentum remains weak as volume fades and sellers regain control.
Trade Setup:
Entry: $104,200 – $104,600
TP1: $105,550
TP2: $107,380
SL: $103,600
Market cap holding firm, but direction hinges on reclaiming key resistance.
Takeaway: BTC needs a decisive move above $105.5K or risk further downside. Save this for your trade journal.