BTC Daily & 4H – Bearish Bias Below 114k

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BTC Daily & 4H – Bearish Bias Below 114kBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PMo_AlhameliBitcoin is trading around 110k after the latest drop. My bias remains bearish, as long as price is capped below 113k–114k. 🔹 Daily (1D): Rejection from the 116k–117.2k supply zone. Price is testing the 107.7k demand, which is the key level to watch. A daily close below this level can accelerate the move toward 104k → 100k. 🔹 4H: Market consolidating around 109.5k–110.5k after a breakdown. Any bounce is likely corrective unless BTC reclaims 114k. Downside continuation remains in play, with 108k–107.7k as the next liquidity target. 🎯 Key Levels: Supports: 110k / 107.7k / 104k / 100k Resistances: 113k–114k / 116k–117.2k ⚡️ As long as BTC stays below 114k, I’m voting for further downside.