$BTC /USDT – Stiff Wall at $117K

I'm watching Bitcoin struggle again at $117K. Price hit $116,980 but sellers dragged it back near $115,110.

Key Levels

Resistance: $116,500 – $117,000

Support: $114,600 – $115,000

Next downside: $113,800 if $114,600 cracks

Trade Setup

Long only above $117,200 with volume

Short below $114,800 confirmation

Upside targets: $118,500 – $120,000

Downside targets: $114,000 – $113,800

Stop loss: 1–2% from entry

Risk

I'm keeping leverage low (2–3x max) and risk under 2%.

Bottom line: Bears own $117K. Until bulls flip it, I expect more support retests.

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