JOHAR09
BTC Price Forecast : Bitcoin dropped below $109K
Bitcoin is hovering around the $110K support. Many analysts caution that if this level fails to hold, a further drop toward $104K or even below $100K could materialize. The RSI remains below 50, suggesting current bearish pressure.
There are tentative signs of a megaphone pattern—typically indicating rising volatility and potentially setting the stage for a subsequent breakout. The immediate support to watch is around $108,724.
Traders believe closing the week above $114K is crucial. Failure to do so could open the door to a steeper correction
Bitcoin is hovering around the $110K support. Many analysts caution that if this level fails to hold, a further drop toward $104K or even below $100K could materialize. The RSI remains below 50, suggesting current bearish pressure.
There are tentative signs of a megaphone pattern—typically indicating rising volatility and potentially setting the stage for a subsequent breakout. The immediate support to watch is around $108,724.
Traders believe closing the week above $114K is crucial. Failure to do so could open the door to a steeper correction
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