$BTC is the grandfather of crypto, and has been on an upward trend. However, nothing goes upwards forever.
I shorted $BTC at a price of $108, 340 due to technical and fundamental signals pointing to a near-term correction. Technically, a bearish divergence on the daily chart shows declining RSI despite higher highs, with resistance near $108,800 and weak volume signaling buyer exhaustion.
I continue to monitor the market and sentiment with a take profit target at around $103,000.
Nevertheless, I remain overall bullish on $BTC