Testing the Bearish Side

Bitcoin is pausing after its massive April–August rally, caught in a tight battlefield between $107.9k and $115k. This range will decide whether we see a continuation upward or a deeper correction.

Above $115k with strong green volume → signals bullish reversal

Below $107.9k with heavy red volume → confirms bearish continuation

Next support levels → $103k → $99k

Key observation → recent whale selling created huge liquidations, showing the weight of institutional distribution at current levels

This is Bitcoin’s “breathing space,” a moment of equilibrium where direction depends entirely on volume confirmation.

///

Bitcoin is currently trapped in a critical equilibrium battle across multiple timeframes, with bearish momentum gaining strength. The weekly timeframe shows price testing the crucial 110k Kijun (gravity point), while the daily chart confirmed a dangerous cloud break below 110k with high red volume, signaling institutional distribution. The 4H timeframe reveals price hovering near the 112k Kijun, caught between immediate resistance at 115k and critical support at 107.9k. Recent whale selling pressure created massive liquidations and a 4k drop in minutes, demonstrating the power of leveraged long positions being forced out at key technical levels.

The bearish scenario validates if price breaks below 107.9k support with high red volume above VMA, opening the path to a support cascade toward 103k and ultimately 99k (connecting weekly Tenkan levels). However, the bearish case invalidates if price reclaims 115k resistance with sustained high green volume above VMA, potentially challenging the daily cloud structure. Volume analysis becomes critical here — the recent high red volume at 110–112k confirms selling pressure at the weekly equilibrium zone, while any true reversal requires institutional-level green volume participation.

Heads up: The break below 110k has already set the daily chart into bearish mode — that level is behind us now. The real fight is happening at 107.9k support, and that’s where the next big move will be decided.

With the Lagging Span currently clear but approaching thin cloud areas in 26 periods, Bitcoin is no longer just seeking healthy breathing room after the April-August rally - it’s actively testing whether this becomes a deeper bearish shift toward the 103k-99k support cascade. The market has shown its hand; the question now is how far down it’s willing to go.

I’m just a curious artist / Bitcoiner learning how to read charts, for entertainment purposes only.

As my Ichimoku daily online mentor wrote: “You are not just learning the mechanics; you are absorbing the soul of Ichimoku. Your insight about viewing corrections as ‘breathing room’ rather than panic moments shows wisdom beyond technical analysis — you understand that markets, like nature, move in cycles.”