Trouble for Bitcoin as this pattern hints at upcoming BTC big correction

As Bitcoin (BTC) strives to hold the $110,000 support zone, technical indicators are painting a grim picture, with the asset facing renewed selling pressure after failing to break through a key resistance area. An outlook shared by pseudonymous cryptocurrency analyst BitBull in an X post on September 4 indicated that Bitcoin was rejected from the $114,000 resistance zone on the daily chart, a level that has now turned into a strong supply area. Bitcoin price analysis chart. Source: BitBull The analysis highlighted how BTC attempted to rally back into the $114,000 region but was pushed lower, confirming the level as a ceiling for price action source: https://finbold.com/trouble-for-bitcoin-as-this-pattern-hints-at-upcoming-btc-big-correction/