Bitcoin rebounded to around $112.5 K after sellers blocked a rally near ~$116 K, showing a pattern that analysts describe as a "standard dip" rather than a trend reversal.
Now all eyes are on the upcoming Fed meeting, where interest-rate policy could either fuel the next leg up or trigger more caution.
🔍 What to watch:
Strong support near $112 K and resistance around $116-120 K.
If Bitcoin clears $120 K, analysts suggest a possible path toward ~$143 K.
Fear & Greed Index has rebounded into neutral territory (~51), signaling stabilized sentiment.
✅ Takeaway:
Bitcoin is holding firm for now—but the next breakout depends on macro cues and whether traders can push past the $120 K barrier. For your audience: discuss how to interpret these levels, manage risk around earnings events, and use this setup as an educational moment.
