$BTC is ranging near $117K after the recent dip, forming a solid base.
Break above $118.5K could trigger a move toward $120K–$121.5K 🎯
But if support fails, watch for a retest around $110K–$112K ⚠️
Key levels ahead stay sharp!
CoinQuest
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$BTC Quick Outlook Bounce Brewing or More Sell-Off?
Bitcoin got rejected from the
$118,500–$119,000 zone, sliding fast toward $116,000. Now, the 15-minute chart shows early recovery signals. If BTC can hold above $116,000, we could see a rebound toward $117,200 and possibly $118,000. But a drop below $115,700 may open the door to deeper downside.
🔹 Trade Setup:
• Entry Zone: $116,200 – $116,400
• 🎯 TP1: $117,200
• 🎯 TP2: $118,000
• ❌ Stop Loss: $115,650
Key Levels to Watch:
• Holding $116K = bullish bounce
• Breaking $115.7K = bearish continuation
Stay sharp market volatility is high.
Bitcoin got rejected from the
$118,500–$119,000 zone, sliding fast toward $116,000. Now, the 15-minute chart shows early recovery signals. If BTC can hold above $116,000, we could see a rebound toward $117,200 and possibly $118,000. But a drop below $115,700 may open the door to deeper downside.
🔹 Trade Setup:
• Entry Zone: $116,200 – $116,400
• 🎯 TP1: $117,200
• 🎯 TP2: $118,000
• ❌ Stop Loss: $115,650
Key Levels to Watch:
• Holding $116K = bullish bounce
• Breaking $115.7K = bearish continuation
Stay sharp market volatility is high.
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