🚨 BTC / USDT – Support Zone Being Tested 🚨

Bitcoin is currently trading around 108,766 USD, unable to surpass the psychological level of 110,000 USD. Today's range is between 108,213 – 109,480 USD.

🔎 Technical Analysis:

Short-term support: 108,000 USD

Nearest resistance: 110,000 USD

Breaking 110,000 USD ➝ Potentially targeting 113,000 – 114,000 USD

Breaking below 108,000 USD ➝ Risk of falling to 105,500 USD

📊 Market Signals:

BTC dominance rate has decreased to 55.5%, indicating that capital is flowing into altcoins.

Whales & institutions are accumulating strongly in the 108,000 – 114,000 USD range, preparing for a year-end rally.

The MVRV indicator is neutral, suggesting that the market is accumulating before new volatility.

👉 Conclusion: BTC is at a decisive zone. If it holds support, a new rally could form in Q4.

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