#BTC /USDT Market Update
Bitcoin dropped sharply to $114,313 but quickly bounced, now hovering around $115,723. This may signal the beginning of a short-term recovery, though caution remains essential.
If BTC holds above $115,500 and reclaims the $116,700 level, we could see a move back toward the $118,000 zone. On the flip side, losing current support might lead to renewed selling pressure.
š Key Levels to Watch:
ā¢ Immediate Resistance: $115,840
ā¢ Next Resistance: $116,700 ā $118,000
ā¢ Support Zone: $114,300 ā $114,000
If momentum builds, this could present a solid entry opportunity at a lower price. Just be sure to confirm strength through volume and price structure before entering.
BTCUSDT
Perp
86,687.7
-2.52%
#BTCUSDT #CryptoUpdate #BitcoinAnalysis #MarketLevels
