If Bitcoin Loses This Level: Expect the Biggest Correction Yet

If Bitcoin Loses This Level: Expect the Biggest Correction Yet

Current Market Overview:
Bitcoin is trading above $110,000, maintaining a bullish stance for now. However, short-term momentum looks weak as the market tests crucial support levels.

Key Support Zone:
The most critical area to watch is $104,000 – $105,000.
This zone aligns with the long-term bullish trendline, which has held firm through multiple market corrections.
As long as price stays above this trendline, the broader trend remains bullish.

Bullish Scenario:
If Bitcoin holds above the $104,000 support level, it signals strength and potential continuation of the uptrend.
In that case, the next upside target remains around $150,000 in the coming months.

Bearish Scenario:
If the $104,000 trendline breaks decisively, Bitcoin may enter a deeper correction phase.
Downside targets could extend to below $100,000, and in a worst-case scenario, even toward $80,000.

Technical Summary:
🔹 Immediate Resistance: $110,000 – $112,500
🔹 Major Support Zone: $104,000 – $105,000
🔹 Trend Bias: Bullish above $104,000 | Bearish below $104,000
🔹 Long-Term Target: $150,000 (if support holds)

Trading Insight:
This is a decisive zone for Bitcoin. Bulls must defend $104k to maintain structure.
Below it, expect volatility and potential trend reversal signals.

NFA & DYOR