Bitcoin Tests 111.8K Support as Failed Breakout Shifts Pressure Lower

Hey Traders! 👋

Bitcoin tried to break higher last time, but the move fizzled out and sellers stepped in, turning it into a failed breakout.

That shift has kept pressure on the downside and now price is testing the bottom of the 113.1K–111.8K range.

Here’s why this matters: ranges act like fuel tanks. Every time price bounces between support and resistance, traders place stop orders above and below. That is liquidity.

👉 When the range finally breaks, the market rushes to grab that liquidity fast.

📉 If 111.8K cracks, the next liquidity pocket sits at 111.0K, and below that 110.0K becomes the target.

📈 If buyers defend again and reclaim 113.1K, we are back in the box with a shot at another squeeze toward 115K+.

👉 Bottom line: BTC is at the edge of its range. A clean break decides whether we unlock deeper downside or another swing back inside. Bears have the advantage, but end of week reversals are also possible.

Manage risk, and only take the A+ setups.

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