Bitcoin Is Flashing a Major Warning Signal Right Now

Bitcoin Is Flashing a Major Warning Signal Right Now ⚠️

KEY LEVELS:
Resistance: $123K (triple top) & $115.9K barrier
Support: $106K - CRITICAL level

BEARISH PATH (if $106K breaks):
→ Target 1: $91K (-18%)
→ Target 2: $79K (-28%)

BULLISH SCENARIO:
Reclaim $115.9K & break $123K to invalidate bearish structure

STRUCTURE ANALYSIS:
▶️ Lower highs forming = Reversal signal
▶️ Weakening momentum post- New ATH
▶️ Distribution pattern visible at resistance

STRATEGY:
✅ SHORT: Below $106K | Targets: $91K-$79K
✅ LONG: Above $115.9K | Stop: $106K

The chart doesn't lie. $106K is the line in the sand.

Risk management > predictions.
Trade smart. Adapt fast. Survive longer.

BTC #Bitcoin

NFa & DYOR