Bitcoin remains capped below $110,584, sliding in early Asian trading and breaking short-term support levels. MicroStrategy accumulation provides some underlying support, but risk appetite remains fragile ahead of Friday’s CPI report.
Key Levels: Support at $106,200.06 | Resistance at $110,584.95
Investor Takeaway: Bitcoin leans bearish in the short term; a break below $106,200 could lead to further retracement toward $100,054, while resistance near $110,585 will need to hold for any recovery attempts.
