📉 Bitcoin Daily 📈 🎯 Key Levels to Watch: • Above: 113621 / 114150 / 115697 • Below: 111850 / 110484 / 109740 🔥 BTC Liquidation Heatmap: • Above: 113357 / 114122 / 115226 • Below: 111827 / 110723 / 110043 Despite noting the top of the downtrending channel and reversal risks, I chased a breakout dream and took a loss on a long from a 1H bull flag. Higher timeframes prevailed, dumping the price. We’re at a critical moment. The daily timeframe is turning bearish. The weekly chart holds an uptrend (retesting the breakout zone), but needs strong green candles within the next two weeks to sustain it. The weekly 20-SMA at ~107,870 (rising next week) is a key level - $BTC must not settle below it. Short-term, expect a dead cat bounce to 110.5k–111k. ⏰ Alarms set for: 113621, 107200, Q VWAP VAL, Weekly & Daily 20-sma

"dead cat bounce to 110.5k–111k" ✅ Done. Pretty fast. What do you think will be the next move?

$BTC touched Weekly 20sma ✅ Nearest possible bounce target is around 109.6-110k Before or after that can dip under June close at ~107090. That zone is critical. Either this will be the bottom of correction (with wicks down to 104-105k next week), or next month there will be a dump to 96-98k