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BTC: The key lies in the 110,000 support

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From the 4-hour candlestick chart, since Bitcoin’s periodic high of approximately 126,000, a complete descending trend structure has been formed. Moving averages across all timeframes have created heavy dynamic resistance above the candlesticks, indicating that the market is currently in a phase dominated by bears.

This decline has triggered the spread of panic sentiment in the market, with a large number of investors choosing to take profits at high levels, further increasing selling pressure.

Today, the key focus is on whether the 110,000 support level holds. If this 110,000 support is broken, Bitcoin prices may fall further to 108,000 or even lower, as the market needs more time to digest the current negative sentiment and macroeconomic pressures.

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Buy 109000 - 109800 TP 110800 - 111800 SL 108000
Sell 112000 - 111800 TP 111000 - 109000 SL 112500

Daily-updated accurate signals are at your disposal. If you run into any problems while trading, these signals serve as a reliable reference—don’t hesitate to use them! I truly hope they bring you significant assistance

עסקה פעילה
As stated in our signal today, after Bitcoin broke below 110,000, it fell further to around our predicted level of 108,000. Today's trend coincides perfectly with our prediction.👏👏👏

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