“BTC Pauses Before the Next Move — Will It Break Down or Bounce Back?”
📊 Analysis (4th Nov | 15-Min Chart):
Bitcoin is showing mixed sentiment on the 15-minute timeframe.
After a brief recovery, BTC failed to hold above $107,000, and sellers stepped in again.
🔸 Price is now hovering around $106,750 – $106,800, sitting below the 20 & 50 MAs, which suggests short-term weakness.
🔸 If this zone breaks, the next downside targets are $106,600 → $106,400.
🔸 On the flip side, a strong bounce above $107,100 could flip the momentum and bring buyers back in play.
For now, momentum remains slightly bearish, but a surprise recovery is possible if bulls defend the $106,700 area. ⚔️
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⚠️ Disclaimer:
This is not financial advice — only an educational market observation.
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