Bitcoin
Short

BTC Rebounds After 100000 Drop, Eyeing Short at 109500 Resistanc

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📈 BTC Rebounds After 100000 Drop, Eyeing Short at 109500 Resistance

BTC dropped below the 100000 threshold 🔻 and then rebounded near 98000 🔺. This movement is related to the decline of DXY and the reduction of geopolitical risks. Now, BTC is challenging the 110000 level 🔼. The overhead resistance is around 109500. First - time tests of the 110000 level typically trigger pullbacks, so we favor short positions here 📉

🚀 Sell@109500 - 108500
🚀 TP 107500 - 106500 - 105500

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