$BTC is currently trading inside a descending channel, signaling a potential bearish continuation toward the $107,500 zone if support levels fail to hold.

📉 Technical Breakdown:

The pattern suggests sustained selling pressure, with lower highs forming a clear downtrend. A breakdown below key support could accelerate the move.

BTC
BTC
81,380.01
-0.12%

⚠️ Trader Sentiment:

Bulls are struggling to regain control as traders closely watch major support near $110,000. A confirmed breakdown could trigger stronger downside momentum.

📊 Key Levels to Watch:

  • Resistance: $115,000 – $118,000

  • Support: $110,000 → Target $107,500

    🚨 Disclaimer: This content is for informational purposes only and should not be taken as financial advice. Always DYOR before making any investment decisions.