#ProjectCrypto
📉 Today's report: Why did Bitcoin drop? Will it rebound or collapse?
🔸 Current price: $115,800
🔸 Drop: -3% in the last 24 hours
🔸 Real reason: The U.S. announced new tariffs on China and Canada, which caused panic in the markets and prompted investors to liquidate cryptocurrencies.
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📊 Simplified scientific analysis:
Bitcoin broke an important support level at $117,000
The RSI technical indicator indicates a state of overselling (potential rebound opportunity)
The moving averages indicate: Bitcoin is still in a long-term upward trend
The CME gap between 113,800$ and 117,000$ has almost been closed... and this is an important sign for a trend reversal
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📈 Will it rise?
If the price holds above 113,800$ and rebounds above 117,000$ → there is a strong chance we will see it above 125,000$ within days
📉 Will it collapse?
If it breaks 113,800$ strongly → it could drop to $110,000
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✅ Summary:
Bitcoin is at a very critical point.
Either a new surge or a painful correction.
Keep a close eye on the support at 113,800$ … the decisive decision is very close.