#Bitcoin# faces a critical technical moment — a Head & Shoulders structure is visible on the 4H chart, often hinting at a market reversal.
If the neckline around 108,500 gives way, we could see a deeper correction toward 106,000, suggesting traders are booking profits after the strong rally.
However, if bulls defend the zone, a rebound toward 112K–114K remains in play.
This setup could offer short-term traders ideal risk-to-reward opportunities in both directions.
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