#BTC#

🔥BTC fell directly from the 20-day moving average (110,812 USD) on November 3, free-falling and breaking through the key support level of 107,000 USD in one go, causing market sentiment to instantly turn cold 🥶.

The situation is very critical now 👇

📉 If BTC breaks below $107,000, it means that the "double top pattern" is fully established, and the pullback phase officially begins, targeting the psychological barrier of $100,000. This price point is the "last bastion" for bulls 🧱; once it is breached, a new downtrend may commence.

💪 But don't panic too much, brothers — the buying pressure around the 100,000 mark is likely to hold strong. As long as the bulls can stabilize and pull the price back above the moving average, it indicates that the bears are running out of strength.

⚡If it can strongly break through 118,000 dollars, it means that the bulls have taken control of the steering wheel, and the market is expected to rally again!

In summary:

👉 107000 breached = dangerous signal

👉 100000 hold on = chance for a comeback

👉 Breaking 118000 = signal of trend reversal