$BITCOIN has smashed through its key $107,800 support with a powerful bearish engulfing move, confirming clear seller dominance. Price action stays decisively bearish, showing no reversal signals and pointing toward deeper demand zones ahead.
đ Market Outlook: Heavy selling volume backs this breakdown, keeping momentum strongly in favor of bears. Resistance now sits at 107,800, while the next key support target is 106,200 if pressure continues.
