$BTC /USDT Market Update
After a sharp drop to $114,313, Bitcoin has shown a quick bounce, now trading around $115,723. This could be the start of a short-term recovery phase, but caution is key.
If BTC holds above $115,500 and reclaims $116,700, it may attempt to fill the gap back toward the $118,000 range. However, failure to hold current levels could invite further downside pressure.
Key Levels to Watch:
Immediate Resistance: $115,840
Next Resistance Zone: $116,700 – $118,000
Support Zone: $114,300 – $114,000
If recovery gains strength, this could offer a fresh entry at a discounted level. But always confirm with volume and structure before jumping in.
