$BTC Slides Below $108K – Panic or Opportunity?
$BTC just hit $107,770 with a sharp drop on heavy volume. Bears are in control for now, but this zone could attract buyers looking for a bounce.
Key Levels to Watch
Resistance: $108,250 – A break above may trigger a recovery toward $108,900 and $109,600
Support: $107,600 – A close below this could extend the fall toward $106,800 and $105,500
Trade Setup
Bullish Scenario: A reclaim of $108,250 may aim for
• Target 1: $108,900
• Target 2: $109,600
Bearish Scenario: A clean break under $107,600 could target
• Target 1: $106,800
• Target 2: $105,500
Volatility has returned—stay alert for either a reversal or a deeper dip.