Bitcoin’s rejection at ~$105 000 completes a classic A–B–C corrective pattern in a low-liquidity zone. Failure to hold $90 000–$85 000 will likely trigger a rapid decline toward the primary support at $32000. Only a weekly close above $105 000 on strong volume would invalidate this bearish outlook.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.