Bitcoin Holds Below $105.8K as MA-20 Becomes Next Decision Point

Bitcoin delivered a clean textbook play - breaking down from the descending triangle, tagging the $105.8K target with precision, and pausing exactly where liquidity was mapped. That’s structure doing its job.

Now, with the first leg complete, attention turns to the MA-20 on the short-term charts (1H and 4H). This moving average sits right above price and now acts as the near-term decision point for the next move.

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The Current Setup

After the sharp drop into $105.8K, price bounced modestly but stalled below that zone. It’s now consolidating just under the MA-20, forming a battle line between relief and continuation.

Key levels to track:

• $105.8K - former target now acting as a pivot.

• MA-20 - dynamic resistance guiding short-term momentum.

• $104K–$102K - deeper demand zone if sellers press their advantage.

This structure gives us a clean three-point map for weekend trading.

Scenarios to Watch

🟢 Bullish Path

If BTC reclaims and holds above the MA-20, momentum could rotate into a relief move toward the mid-range, targeting $108K–$109K first. Volume confirmation would be key - relief bounces without follow-through often fade fast.

🔴 Bearish Path

If price rejects again at the MA-20, continuation lower stays in play. The next clean liquidity magnets remain $104K and $102K - zones where trapped longs will likely unwind and buyers may step in again.

Technical Insight

The MA-20 acts as a short-term control line.

• When price trades below it, rallies tend to fail quickly.

• When price reclaims it, intraday sentiment shifts and pullbacks become opportunities.

In this case, BTC remains below it, signaling that sellers still control momentum until proven otherwise.

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Market Psychology

The beauty of this move is in its structure. Traders who respected the descending triangle and executed on confirmation captured the clean leg down. Now, the market is teaching the next lesson - how a trend breathes after momentum spikes.

This stage is where impatience creeps in. Many traders expect instant reversals after targets hit. In reality, strong moves need time to rebuild structure before a true reversal can begin.

Patience, not prediction, keeps capital intact between legs.

Learning in Real Time

If you’ve been studying the Moving Average lessons and Market Structure modules, this chart is your live example:

• Triangle rejection.

• Target precision.

• MA retest as decision zone.

Every component you practiced is unfolding on the chart right now. Refresh your notes, revisit the lessons, and connect the dots between theory and live execution.

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Bottom Line

Bitcoin’s technical story remains clear:

• The descending triangle breakdown worked perfectly.

• $105.8K is now a pivot, not just a target.

• The MA-20 defines the next short-term move.

Hold above it → relief rally possible.

Reject again → continuation into $104K–$102K likely.

Enjoy the weekend, recharge, and come back Monday ready for the next setup. 👋

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Disclaimer: This is not financial advice. All information is for simulation and educational purposes only.