$BTC Market Update: Bounce or Breakdown Ahead? 🔥 Our yeste
Token Talks
Updated at: 3 hours ago
{"content":"$BTC Market Update: Bounce or Breakdown Ahead? 🔥
Our yesterday’s signal was spot on! All Take Profit targets were hit perfectly, delivering solid gains for everyone who followed.
Now, let’s talk about what’s next for BTC. The price is currently hovering around $109,668, down about 1.40% in the last 24 hours. After a sharp drop, BTC has reached the lower Bollinger Band and is sitting on a strong support zone near $109,300–$109,400.
This usually signals that the market is oversold, and we could see a short-term bounce back toward the $110,200–$110,800 range. However, if the price fails to hold above $108,900, we might see a deeper drop toward the next support.
Why this move?
Oversold conditions on the 15-min chart
Sellers showing exhaustion after a heavy volume dump
Market sentiment still cautious after recent volatility
Summary: Watch for a possible bounce from support, but stay alert for a breakdown below $108,900 — that’s when things could get more bearish.
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