\$BTC Quick Take – Bounce Ahead or More Drop?
**BTCUSDT Perp**
**116,609.9 | -2.72%**
Bitcoin got rejected around the \$118,500–\$119,000 zone, leading to a sharp dip toward \$116,000. That said, the 15-minute chart shows early signs of a possible rebound. If BTC stays above \$116,000, a move back up to \$117,200 and \$118,000 could be on the table. But a break below \$115,700 may signal more downside ahead.
**Trade Plan:**
**Entry:** \$116,200 – \$116,400
**TP1:** \$117,200
**TP2:** \$118,000
**Stop Loss:** \$115,700
