Bitcoin has dropped below the key support level of $115,724 and is currently trading around $113,000, after briefly dipping to an intraday low of around $113,005,
This decline is seen as a breakdown from a recent consolidation range. The former support level of $115,724 now acts as immediate resistance,
The next key support level analysts are watching is near the 200-day simple moving average (SMA) at approximately $110,348,

BTC
91,789.4
+0.88%

ETH
3,211.04
-1.47%

BNB
883.71
+0.51%