$BTC – Why this morning’s move mattered 👀

Earlier today, I mentioned that the #MarketMakers team is trying to break support at $110K BTC rather than just testing the bottom.

Usually, during bottom-testing phases, we see sharp declines followed by wicks closing above #SupportLevels on smaller timeframes → confirming a successful bottom test. Otherwise, a close below that support confirms a #Breakdown

For the current frame around 111K–110K $BTC , the blue line marks the short-term uptrend bottom. If this level breaks, #bitcoin could plunge deeper. That’s why the 110K zone is so critical — many traders are FOMO-buying into this uptrend base.

Last night around 3 AM, I watched strong selling pressure hit at 111.5K, pushing down hard. Yet, there was solid absorption at 110.2K. If this is truly a bottom test, price should bounce strongly back toward 111.6K rather than close with a weak candle.

Currently, on the 15-min chart, $BTC is forming an ascending wedge. Price is compressing, building temporary long–short liquidity, which will likely fuel a breakout or breakdown from the 111K–110K range.

This may feel like heavy theory, but understanding these #cryptotrading patterns and PriceAction setups is essential for catching trend reversals at key #supportandresistance levels. Traders who master this become far more sensitive to rising and falling momentum.