Bitcoin is forming a classic Head & Shoulders pattern on the 4H chart — a sign of potential bearish reversal. Price is currently testing the neckline support zone around $106,800.
🔴 A breakdown below this level could trigger a move toward the next support zones:
📉 Target 1: $103,557
📉 Target 2: $102,261
⚠️ Keep an eye on how BTC reacts around the neckline. A confirmed breakdown with strong volume may lead to short-term downside.
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