Update BTC + Key News: Critical Zone Open & What You Should Watch Out For

Main News

Bitcoin (BTC) briefly dropped below US$ 113.000, after a failed rally to stay above US$ 116.000. Most crypto assets also experienced pressure as the US stock market set records.

Market focus is now on the Federal Reserve (The Fed) decision, which is expected to cut interest rates by 25 basis points, along with renewed US-China trade talks.

There is also institutional news: Strive Asset Management purchased ~72 BTC worth US$ 8.26 million, indicating that institutional accumulation is still ongoing.

Despite the daily decline, there are signs of stabilization: BTC spot ETF volume increased, and on-chain support is starting to emerge in the US$ 110-113 thousand zone.

Trading Setup – Timeframe 15 Minutes / 1 Hour

Critical Support: US$ 110.000 – US$ 111.000 — if this zone breaks, there is potential for a deeper drop.

Critical Resistance: US$ 116.000 – US$ 117.000 — this is the main barrier for further upward movement.

Market Structure: The current price is at a “decision-time” point — whether to retest support or break out above resistance.

Plan Entry:

Long: If the 15m/1h candle closes above US$ 117.000 with increasing volume → target around US$ 120.000-122.000.

Short: If the price approaches US$ 117.000 and rejection starts to appear → target support US$ 110.500-109.000.

SL Long: below US$ 113.500. SL Short: above US$ 118.500.

Ensure Risk: Reward minimum 1:2.

You’re not rushing for a big win. You wait for small but sure victories.

When big news comes out (Fed, trade), you must be mentally prepared: it could be a reward, or it could be a trap.

Control your emotions: a 1–2% drop today does not mean total defeat — it’s part of the game.

#BTC #CryptoNews #TradingSetup #Scalping #BinanceSquare

➡️ “Do you see other support/resistance levels we can use? Drop in the comments