@jeancamp
Bitcoin's bearish engulfing pattern (a large red candle fully engulfing the prior green one) signals a potential reversal from recent highs near $126k. Coupled with a death cross (50-day MA crossing below 200-day MA, confirming bearish alignment), downside risk mounts.Current price: ~$115,750 (Oct 13, 2025). Key supports: Immediate: $110,500 (recent low/Fib 50%)
Next: $107,200 (Fib 61.8%)
Deeper: $103,500 (200-day MA proxy)
Break below $110k could accelerate to $100k. Watch volume for confirmation.
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