Bitcoin
Short

"BTC/USD Rejection Zone with Bearish Target Ahead

111
This BTC/USD chart suggests a potential bearish scenario. Price is currently at $108,987, near resistance (highlighted zone). The chart shows a projected short-term bounce, followed by a drop toward the $104,486 support. Traders might expect a reversal if resistance holds.

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.