📊 Update BTC/USDT (Daily Chart)
Image 1: Bitcoin briefly rose to the 117K–118K area, but there seems to be potential rejection around 120K. If it fails to breakout, there is a chance of a correction back towards the 110K area, even 98K–102K (bearish scenario).
Image 2: BTC has already dropped to 110K as the main support. From here, there is a possibility of a technical bounce before trying again towards 115K–120K.
🔑 Crucial levels:
Support: 110K – 105K
Resistance: 115K – 120K
Breakout 120K → potential bullish
Breakdown 110K → potential deeper bearish
⚡ Currently, BTC is still sideways with a risk of correction, but a bounce from the support area could be a short-term entry opportunity.
