In accordance with Cryptofrontnews, Bitcoin faces intense selling pressure as the composite index turns negative, with $109.5K support becoming the last strong defense. Analyst Axel Adler Jr. noted that the market structure has shifted, with the composite index falling below −0.4, indicating bear dominance. Bitcoin now trades at a critical point as technical indicators show warning signs of bearish control. A retest of $117.7K remains possible if Bitcoin holds $109.5K support, but failure risks deeper losses and renewed bearish momentum. Market participants are closely monitoring whether Bitcoin can stabilize or extend losses.
Bitcoin Faces Bear Pressure as Composite Index Turns Negative
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