BTC Correction Not Over: Why $107K Still in Sight

[Chawla Solutions]

Bitcoin’s recent bounce has led many traders to believe the correction phase is already finished. However, technical signals suggest the market may not be out of danger just yet.

On the 4-hour BTC/USDT chart, the price attempted a rebound after an oversold RSI reading, but momentum quickly faded. The recovery lacked strong buying volume, and instead of forming a bullish continuation, a doji candlestick emerged — a classic sign of indecision and weak conviction among buyers.

The short-lived bounce also failed to reclaim critical resistance levels near $111,700–$113,200, where both the 50-day and 200-day EMAs are now acting as overhead barriers. Without a decisive break above these zones, the probability of renewed downward pressure remains high.

Current market structure points toward unfinished business on the downside. Liquidity pools remain stacked below $107,200, a level that aligns with technical projections for a deeper correction. Until BTC sweeps that area, traders should remain cautious of false recovery rallies.

Conclusion
While Bitcoin has paused its fall, the correction is likely not over. A retest of $107K remains the most probable scenario before a sustainable reversal can occur. For now, BTC holders should brace for volatility and watch liquidity levels closely.