Bitcoin Hits $105.8K Target After Triangle Breakdown - What Comes Next

Bitcoin delivered the textbook breakdown we’ve been watching unfold for days. Price slipped below the $109K–$110K floor of the descending triangle and tagged the first downside target around $105.8K almost to the dollar.

That level acted as the exact liquidity pocket we mapped earlier - confirming that compression inside the triangle was building pressure just waiting to release. When support finally cracked, stops flushed instantly, and momentum traders took over.

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Breakdown Recap

The descending triangle setup played out with precision:

• The multi-tap support at $109K–$110K failed.

• Stops below the level triggered instantly, creating a fast liquidity cascade.

• Price drove straight into the $105.8K demand zone, pausing where fresh buyers stepped in.

Sellers showed control from start to finish, with lower highs squeezing the structure until it snapped. This was pure market mechanics in action - no surprises, just execution.

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What Comes Next

🟢 Scenario 1 - Short-Term Relief Bounce

If $105.8K holds as support, a small rebound could develop toward $108K–$109K. This would reset intraday momentum and let traders re-assess liquidity before the next directional push.

🔴 Scenario 2 - Clean Breakdown

If price loses $105.8K convincingly, it opens the path toward deeper levels at $104K and $102K. Those zones mark the next major demand clusters and potential areas for larger players to reload.

For now, watch how price reacts around $105.8K - it’s the pivot point between bounce and continuation.

Market Psychology

This was a classic release of stored tension. Each test of the $110K support drew in new buyers and stacked more stops underneath. By the time it broke, that liquidity pool created the fuel for the move.

• Retail traders saw a “strong floor” and kept buying dips.

• Professionals saw trapped liquidity and waited for confirmation.

• The breakdown rewarded patience over prediction.

This is why preparation beats reaction every time.

Trading Lesson

Descending triangles don’t fail because traders are wrong - they fail because most traders don’t wait. The edge comes from letting price prove intent, not assuming it.

Once the structure breaks, momentum often follows through faster than expected because stops, liquidations, and new entries all trigger in the same window.

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Bottom Line

The descending triangle breakdown hit its first target cleanly at $105.8K, confirming how well-structured setups can produce precise reactions.

From here:

• Hold above $105.8K → look for a short-term relief bounce.

• Break below $105.8K → continuation likely toward $104K–$102K.

Stay focused, trade the reaction, and prepare for part two of this move. 👇

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