$BTC USDT BEARS EYEING LOWER LEVELS – WEAK BOUNCE MAY FADE SOON

Bitcoin is currently trading around $112,636 after failing to hold above $113K–114K resistance. Price action shows a short-term relief bounce, but overall momentum remains fragile as the market has been unable to reclaim the $117K–118K supply zone. The inability to sustain higher levels signals potential for another bearish leg if buyers fail to step in strongly.

Trade Setup:

Short Entry: $112,500 – $113,000

TP1: $111,000

TP2: $109,500

SL: $114,200

Market Outlook:

While BTC has shown resilience in the mid-term (still up over 77% YoY), short-term structure leans bearish unless a strong reclaim of $115K+ happens with volume. Until then, sellers are likely to stay in control.

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BTCUSDT

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92,173.9

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