$Bitcoin (BTC) Update – Critical Retest After Sharp Drop!
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Re:
Bitcoin Holding Strong Above $110K – Breakout Loading?By analyzing the #Bitcoin (BTC) chart on the 12-hour timeframe, we can see that BTC failed to sustain above the $110K level and faced a sharp sell-off, dropping to around $103,500. However, strong buying pressure quickly stepped in, driving the price back up toward $107,300.
This reaction confirms that the $103K–$105K zone is still acting as a major demand area. For now, BTC needs to reclaim and hold above $110K to regain bullish momentum. Otherwise, another rejection near $109,600 could trigger a deeper pullback.
The overall structure remains neutral-to-bullish, but volatility is high — you should watch closely for a confirmed breakout or a possible liquidity sweep before the next leg develops.
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