> ๐ Bitcoin Analysis | Current Situation and Predictions
๐ Current Price ~ $115,500
๐น Support Levels:
โ โข $114,500 โ First Strong Support
โ โข $113,600 โ Second Support
๐น Resistance Levels:
โ โข $116,900 โ Near Resistance
โ โข ~$118,500 โ Stronger Resistance if Broken
๐ Technical Results:
โ โข Indicators are currently reflecting moderate bearish pressure
โ โข Moving averages are forming resistances above the current price
โ โข Turning points possible โบ If support breaks, the market could drop to those lower levels
โ โข If there is a resistance break with strong trading volume, the bullish target up to ~$120,000 is possible
โ ๏ธ Important Note:
The crypto market is highly volatile, do not enter a trade unless you are sure of the signal and manage stop and loss.
๐ก Share your opinion: Do you think Bitcoin can break the resistance this time or will it drop? #BTC

