BTC/USDT Breakdown: Loss of Key Levels Confirms Bearish Structur📉 BTC/USDT Market Update
Bitcoin has broken down key structural levels, confirming a bearish outlook in the short to mid-term.
✅ Low Time Frame Support Lost: The $112,083 – $112,531 demand zone has failed to hold, indicating that buyers are losing control on lower time frames.
✅ Main Trend Zone Rejected: The $113,798 – $114,000 supply area acted as strong resistance, and BTC was unable to reclaim this key trend level.
✅ Momentum: Current price action shows continuation to the downside, with sellers stepping in aggressively after repeated failed attempts to sustain higher levels.
Bias: Bearish
As long as BTC trades below $113,800, the market structure favors sellers. Further downside pressure may target the $111,000 – $110,800 range in the near term.
⚠️ Key Levels to Watch:
Resistance: $113,800 – $114,000 (Main trend rejection zone)
Support: $111,000 – $110,800 (Next liquidity pool)
