Bitcoin Key $107K Support fit break, E fit fall go $90K
Bitcoin don drop under important support levels dis week, so analyst Doctor Profit warn say e fit fall reach $90,000. E talk say price points $115,600, $113,600 and $107,000 na levels wey different holder groups dey hold — and e call the $107,000–$108,900 zone Bitcoin last line of defense. As BTC short time trade below these levels, most recent buyers dey face unrealized losses. If $107K support fail, e fit trigger fast fall to $90K–$95K range, market makers go dey push make people give up. Even though e bounce back pass $109,000, sentiment still calm: unrealized losses just 0.5%, which low pass the past bear-market correction of 30% or more. Doctor Profit also yan say big insider selling for traditional markets na warning sign. E predict say September fit bring more wahala for Bitcoin before e steady recover.
Bearish
Di warning we Doctor Profit give na bearish becos e show important support for $107K we, if break, fit trigger quick fall go $90K–$95K. History don show say wen big support levels fail, market makers and short-term holders dey often give up, wey fit make downward momentum strong. The fact say no panic even tho losses never realized na complacency, wey fit set stage for bigger correction. Insider selling for traditional markets add more risk for down side, as crypto sef go fit behave same way wey fit accelerate outflows. For short term, if break below $107K, e fit spark stop-loss cascades plus increase volatility. For long term, constant weakness fit slow down recovery until true capitulation clear weak hands plus bring bearish sentiment back to neutral or bullish levels.