🔄 Re-Article: Bitcoin’s Big Move — Reversal or Just a Pause?

🟩 Green Candle Alert!

Bitcoin finally closed in the green, but analysts say it’s not yet a clear signal of reversal. Despite the positive daily close, the candle’s indecision shows that the market still lacks strong bullish momentum.

📊 Daily & Weekly Closes Reflect Uncertainty

Following the release of the latest CPI data, Bitcoin’s daily candle ended green — yet indecisive. The same pattern extended into the weekly close, showing that traders remain uncertain about the next direction.

💡 Key Levels to Watch

According to analysts, Bitcoin must stay above the $110,500 support zone to confirm a sustained rally. If this level holds, it could open the door toward $120,000 and beyond.

However, a drop below $110,500 may trigger a deeper correction, possibly toward the $100,000 support region.

⚠️ Altcoin Market Still Follows Bitcoin

As always, altcoins are tracking Bitcoin’s movements. Analysts noted that Bitcoin Dominance (BTCD) remains neutral on the daily chart, meaning altcoins will likely continue reacting to BTC’s trend.

📈 Short-Term View: Choppy But Hopeful

Intraday charts show choppy, sideways movement — indicating consolidation. Yet, experts remain cautiously optimistic, expecting Bitcoin to test the $115,300 barrier soon, before potentially aiming for the $120,000 target.

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