Bitcoin Analysis:

The current price is close to 112,860 and approaching a strong liquidity area and previous support at 110,000 - 111,000. This area is likely to see a price rebound due to liquidity accumulation and previous buying reaction.

Expected scenario in case of a rebound:

- Rebound starts from: 111,000 - 112,000

- First target: 115,000 (previous resistance area and liquidity realization)

- Second target: 117,500 (beginning of the last drop)

- Third target: 120,000 (potential strong peak for profit taking)

Reversal signal:

If reversal candles or strong volume appear in the mentioned area, safely enter a buy with your first target at 115,000 while gradually raising the stop loss.

Cancellation of the scenario:

A daily close below 110,000 cancels the rebound idea and indicates further decline.

Brief strategy:

Buy from 111,000 - 112,000 (cautiously), stop loss below 109,900, targets are gradual: 115,000 then 117,500 then 120,000.