🚨 BTC Under Bearish Pressure — Rebound or Bull Trap? 🧨
Bitcoin just bounced from the $112,722 low, with bulls trying to regain control.
But the key resistance at $114,000 remains unbroken, with strong pressure from the MA99 line.
🔍 Current Signals:
EMA rejection holding
Volume spiked but not sustained
A drop below $112K could trigger a deeper correction!
📊 Strategy Tip:
Short-term: Light positions only, stop-loss below $112K
Mid-term: Wait for a confirmed support base ⚖️
#BTC #bitcoin