$BTC Update – Crucial Support Test Ongoing!

#Bitcoin just tapped the MA200 (4H TF) near $114.6K, a make-or-break level in the current structure. This zone historically acts as bulls' last defense during corrections.

🔹MA200 support (green line) is currently holding the price around $115.3K

🔸A clean 4H close below MA200 may open doors for a deeper move toward $110K–$108K

🔺Bullish Scenario: Price reclaims MA99 (~$118K) with strong bounce = potential trend reversal

🔻Bearish Scenario: If $BTC closes below MA200 and fails to reclaim it quickly, we may test $113K, followed by $109K–$108K zone

⚠️ This is a key battleground zone for bulls. Losing MA200 could shift sentiment fast. Eyes on the next few candles.