<p><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDcvMDE5ODAzOTItZDI5Mi03YTdkLThiMWEtMDRiZGY4ZDkxZjE0.jpg" alt="Bitcoin trend reversal to $118K or another drop to $105K: Which comes first?"></p><p>Bitcoin traders have been buying all the dips but BTC is still stuck in a downtrend. Here’s why.</p>