🚨 Bitcoin at a Crossroads—Is $108K Holding or Fading?

Bitcoin is hovering around $108K, maintaining a narrow range near this level after a 6% slide in August and breaking key support zones like the $109K–$111K area.   

Key Levels to Watch Today:

1. Support: Holding strong at $107K–$108K—a crucial zone that’s shored up the market recently.

2. Downside Risk: A move below could push BTC toward the $100K mark—with analysts calling it the next critical zone.  

3. Resistance: If bulls reclaim control, breaking above $114K could set up a momentum-driven rally toward prior highs.

  

What I’m Watching Today:

1. Volume & Price Action — Is BTC finding footing to rebound off $108K, or slipping below it?

2. Technical Indicators — Watch for MACD and moving averages (50/100-day) to signal shift in trend.

3. News Catalysts — Any surprise macro or regulatory move—like ETF flows or Fed signals—could tip the balance.

Do you think $BTC bounces off $108K to reclaim $114K—or cracks support and heads toward $100K? Bullish bounce or bearish breakdown—what do you all think?

$

BTC

68,152.65

+0.44%

#MarketPullback #BTC