$BTC Bounce or Bull Trap? The Battle Is On.

After plunging to $114,313, Bitcoin is showing signs of life — now trading near $115,970 with a strong short-term rebound. But the big question remains: is this the start of a recovery or just another fakeout?

Right now, BTC is approaching critical resistance. To confirm strength, it needs to hold above $115,500 and break clean through $116,700 — that would open the doors for a retest of $118,000+.

But if it slips below $114,300 again, downside risk increases fast.

Key Levels to Watch: • Resistance: $115,840

• Breakout Zone: $116,700 – $118,000

• Support: $114,300 – $114,000

This could turn into a golden setup — but only if volume supports the move. Stay cautious, stay ready. The next candle might tell the story.