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Bitcoin’s Temporary Rebound Targets Key Highs

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FenzoFx—Bitcoin remains bearish, though the downtrend paused after tapping equal lows at $107,268.0. BTC has since flipped above the recent fair value gap near $110,200.0.

We anticipate the downtrend will resume, targeting the bullish order block at $105,119.0. BTC/USD may rise toward $112,200.0, followed by equal highs at $113,677.0.

Once these levels are swept, the bearish trend is likely to continue. Traders and investors should monitor these key zones for potential bearish setups.

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