$BTC /USDT – Minor Pullback Within Range, Watch for Support Bounce
Bitcoin is currently trading at $110,844.19, down -0.57% in the past 24 hours. The price has ranged between a 24h high of $111,980.00 and a low of $110,272.72, indicating a tight consolidation. Volume remains strong with 24,342.10 BTC traded, worth approximately 2.71B USDT, suggesting active participation despite slight bearish pressure. Order book depth shows layered bids below current price with notable support near $110,500, while sellers are stacked around $111,800–$111,862. If price holds above $110,272, a short-term rebound toward $111,500–$112,000 is likely. Watch 15m and 1h candles for bullish divergence or volume spikes for potential entries. A break below $110,000 could invalidate bullish bias short-term.