$BTC Trade Setup

Current Price: $114,130

Entry Zone: $112,500 – $114,500

Target 1: $118,000

Target 2: $123,000

Stoploss: $109,800

Analysis:

Bitcoin is consolidating after a strong rally and is currently holding above the spot support near $112,500, which aligns with a previous breakout zone. This range provides an ideal accumulation area for traders expecting continuation of the bullish momentum. The next resistance levels to watch are $118,000 and $123,000 a breakout above these could open the path for a push toward new highs. As long as $BTC maintains support above $109,800, the short-term bias remains bullish. However, a close below this level could signal a temporary pullback. Overall sentiment favors buyers, with increasing trading volume and higher lows indicating sustained strength in the trend. Traders should watch for confirmation candles near $114,000 before entering for safer positioning.#Write2Earn $BTC