Bitcoin Bulls on Edge: Key Levels in Play
$BTC rejected from $123K ATH, now under pressure.
Trading at $111,829, holding just above 100-day MA ($111,567).
50-day MA at $116,544 turned into resistance.
Critical support zone: $111K–$112K.
Breakdown below = risk toward $100,866 (200-day MA) and $100K psychological mark.
Bulls need reclaim of $115K–$116K to target $123K again.
#BTC #Write2Earn #FamilyOfficeCrypto #CPIWatch #FedDovishNow