🟡 Bitcoin Cooling Off After Minor Rebound

Current Price is at $110,566 (-0.02%)

Summary

Bitcoin is trading sideways after failing to hold momentum above $111K.

The 1-hour chart shows repeated rejection near the EMA 200 (~$114.6K), signaling short term bearish pressure.

Bulls are struggling to regain strength, while sellers remain active on every small bounce.

Key Levels

Support: $110,000 – $109,500 (crucial short term floor)

Resistance: $112,000 – $114,600 (EMA 200 zone)

Market mood

Neutral to slightly bearish unless BTC breaks above $114.6K with volume.#BTC