BTC Price once again failed to break from resistance

7 Eyl

BTC Price once again failed to break the 112K resistance and is now consolidating around the 110K level. A breakdown below 110K support could trigger further sell-side pressure If confirmed, the next key downside target lies at 106K, which remains a strong support zone within the current downtrend cycle.

Fundamental Outlook:

Despite the short-term bearish technical setup, the broader fundamental background remains positive. If support levels hold, the market may stabilize and potentially resume an upward move in line with the longer-term bullish narrative.

You may find more details in the chart.
Trade wisely best of Luck Buddies.

Ps; Support with like and comments for better analysis Thanks for Supporting.

8 Eyl

İşlem aktif

10 Eyl

Not