🚨 $BTC /USDT – Support on the Edge

The price of #Bitcoin has sharply declined to around $110,888, down nearly 3.3% over the past twenty-four hours. After reaching highs above $114,900, the price is now above the critical support level at $110,680.

This level represents the main support line - if buyers can defend it, we may see a rebound towards $113,300-$114,700. However, if this support is broken, momentum could quickly push the price of Bitcoin down, as the next danger zone is near $108,000-$106,500.

The market is currently experiencing a state of tension. Any breakdown could lead to further panic selling, but stability at this level will show that buyers are still alive. Watch the next four-hour close closely - this movement determines the short-term direction.

$BTC