BTCUSD – Bulls Losing Steam at Supply Zone? Time to Short?

Bitcoin has been grinding upward but is now stalling hard at a key supply zone near $110,800 – $111,000. On the 15-min chart, we’re seeing clear signs of distribution with multiple rejections at the highs and decreasing momentum.

Key Levels to Watch:

Supply Zone: $110,800 – $111,000 (Price struggling to break through!)

Short-term Support: $107,543 – A clean break here could trigger downside momentum.

Demand Zone: $102,500 – $104,000 – High interest from buyers previously.

Final Bearish Target: $103,057


What to Look For:

Breakdown below $107,543 = Possible start of a correction.

Bearish divergence on RSI and MACD building up (if confirmed).

Volume drying up near resistance = possible bull trap forming.


Bias: Neutral-to-Bearish unless bulls break and hold above $111,000 with strong volume.

Traders’ Tip: Be cautious of fake breakouts! Look for confirmation with volume and candle closes.

Do you think this is the start of a BTC pullback or just a pause before new highs?

Drop your analysis in the comments!

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