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$BTC 🔍 Technical Snapshot (Now) Bitcoin’s moving averages and indicators show a “Strong Sell” signal (most averages are bearish). Indicators like RSI, MACD, and ADX suggest weak momentum and downward pressure. Analysis from CryptoPotato shows Bitcoin faced rejection at the $118,000 supply zone and is now stuck around a pivotal area with high volatility. 🏗 Key Support & Resistance Levels RolePrice Level (USD)NotesImmediate Resistance~$112,000 – $113,000 Strong selling pressure expected here. Stronger Resistance ~$114,500 – $115,500. If this breaks, momentum could shift bullish. Immediate Support ~$108,500 – $109,000. If this breaks, further downside is likely. Secondary Support ~$106,500 – $107,500 Stronger safety net if price keeps falling. 🔮 Possible Scenarios Ahead Scenario 1: Bearish Continuation (More Downside) If BTC fails to break resistance and momentum stays weak → Price could break below $108,500 and move toward $106,500 support. Sellers remain in control until a strong reversal signal appears. Scenario 2: Short-Term Recovery / Bounce If $109,000–$108,500 support holds → A bounce toward $112,000 is possible. If momentum continues to grow, the next target could be $114,500–$115,500. Needs volume confirmation to sustain the move. Scenario 3: Sideways / Range Trading BTC may consolidate between its support and resistance levels. This would mean low volatility but more fake-outs until a real breakout happens. $BTC

RT @XrpUdate: 💥BOOOOOOOOOM💥 SEC APPROVES HASHDEX NASDAQ CRYPTO INDEX US ETF The fund can now hold assets beyond $BTC & $ETH opening doors…

RT @blackwidowbtc: Supercycle vs regular cycle - frankly it doesn't matter right now Regardless if we have bull market continuation next y…

Crypto market faces another "waterfall" drop: BTC briefly lost $109K, ETH down over 14% in the past 7 days $BTC $ETH $BGB