Bitcoin Short Opportunity – Wave A Correction in Progress Bitcoin is currently around $107 K and is likely to see a small bounce early in the week, moving up toward $110 K–$112 K as it retests broken support and the moving averages — this is not a new uptrend, just the market catching its breath before deciding the next move. Once price reaches that $110 K–$112 K zone, sellers are expected to return, leading to another drop toward $102 K–$100 K by mid to late week, and if selling pressure remains strong, a quick dip to $98 K–$95 K is also possible before the weekend. This final leg down would likely complete the correction and create a better long-entry zone for the next bullish phase. However, this bearish outlook would be invalidated if Bitcoin closes a full daily candle above $114 K with strong volume and bullish momentum — in that case, the market would flip back to bullish early, and BTC could climb toward $120 K–$126 K instead of continuing the drop. What’s your outlook for the next BTC move?
Do you also expect a rejection near $112 K, or do you think the correction is already over?
Drop your thoughts or charts in the comments — let’s compare our views
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