Bitcoin recently reached a new all-time high at $111,942, but the daily candle closed lower around $109,550, signaling a potential rejection.
On the 1D timeframe, we are now watching the $100,725 level closely. A confirmed break below this support would be a strong signal to consider short positions.
Until then, BTC may consolidate or attempt another push higher. Patience is key here — wait for confirmation.
📌 Key levels:
• Resistance: $111,942 (ATH)
• Support: $100,725 (critical break level)
🧠 Trade safe, manage risk, and follow for more analysis.
On the 1D timeframe, we are now watching the $100,725 level closely. A confirmed break below this support would be a strong signal to consider short positions.
Until then, BTC may consolidate or attempt another push higher. Patience is key here — wait for confirmation.
📌 Key levels:
• Resistance: $111,942 (ATH)
• Support: $100,725 (critical break level)
🧠 Trade safe, manage risk, and follow for more analysis.
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