28.08.25 BTC/USD Bearish Pressure Mounts — Next Target $107,000Bitcoin vs US DollarACTIVTRADES:BTCUSDDENOLLAFINANCERUBitcoin: Bearish Pressure Mounts — Next Target $107,000 Market Overview: Bitcoin continues its decline after multiple failed attempts to hold above $116,000. The price has formed a five-wave Elliott structure, reinforcing the bearish momentum. The focus now shifts to the $107,000–106,500 support zone, where buyers may show renewed interest. Technical Signals & Formations: Elliott Waves suggest completion of corrective wave (5). EMA (144) remains above current price, acting as resistance. Overall structure signals sustained bearish pressure. Key Levels: Support: $107,000 – 106,500 Resistance: $114,800 – 116,000 Scenario: Main (bearish): decline towards $107,000 with potential test of $106,500. Alternative (bullish): breakout above $116,000 could attract buyers and push BTC towards $120,000.