📉 Is there a possibility of Bitcoin correction? What does the chart suggest? 📊

Hello, crypto community! 💥 Today let's take a look at the BTC chart and try to understand where the king of cryptocurrencies is heading. 🧐
🔍 What do we see on the chart?
The following dynamics is clearly traced on the BTC chart:
🔺 Strong upward trend — a sharp rise from the level of ~92,000 to a peak of about 108,000. It was a powerful impulse, but…
🔻 A sharp pullback after a new high — the price fell from 108,000 back to 102,669 ( at the moment of the screenshot). This is a loss of over 5,000 in a very short time.
📌 The double top formation is a warning signal. It seems that BTC failed to break through the resistance around 108,000, and profit-taking has begun.
📉 The breakout of the support level — the area around 103,000, which the price previously tested as support, is now broken down. This could open the way to levels of 100,000 and even 97,000 if the pressure continues.
📈 What does it mean?
❗ The likelihood of a correction is increasing. There is a decline in buyer activity in the market, and sellers have begun to dominate after testing the high.
🧠 Historically, such impulses often end with a retest of key support levels. The nearest correction targets:
100,000 — a psychologically important level
97,000 – 98,000 — previous consolidation zones
🔮 What to do?
⚖️ This does not mean that the bear trend has started — it is too early to panic. But being cautious is wise:
Traders: monitor the levels of 100k and 97k
Holders: stay calm and do not sell on emotions 🧘‍♂️
Beginners: a great time to study the market, rather than chasing FOMO 🐢 #Bitcoin Pizza Day