Bitcoin failed to break above the $110K resistance, facing sharp rejection for the third time. Rising global war tensions have triggered risk-off sentiment across markets, and Bitcoin is now showing signs of a deeper pullback.
🔸 Key Support Zone at 99K – 100K:
This zone is the last strong support holding the bullish structure. A break below it could trigger a larger correction. Eyes on this zone for possible bounce or breakdown.
🔸 Upside Target: 110k+ (Invalidated)
Unless BTC reclaims $110K with strong momentum, upside targets are currently paused.
🔸 Risk Level at 99K:
A daily close below $99K would confirm bearish momentum and open room toward $90K next.
🔸 Outlooks:
Stay cautious due to macro instability (global war risk).
🔹 If price bounces near $99K → short-term long trades possible.
🔹 If it breaks below $99K → prepare for continuation to $90K.
Avoid heavy exposure until the trend clears.
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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.
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.