$BTC has nosedived from $123K to a low of $112,722 $ wiping out $10,500 in days. Currently trading at $113,141, down -2.47% in 24h.
🔍 Why the Drop?
• Broke key supports: $118.9K → $115.5K → $113.7K
• Whales dumped near $123K, triggering liquidations
• Weak buying at $112.7K — bulls losing control
• Global tension + macro fear adds pressure
📉 Outlook:
If $112.7K breaks, next stops: $110K → $107K → $102K
Only hope? A reclaim of $115.5K with strong volume.
💡 Pro Tip:
Avoid overleveraging. DCA only near major support. Wait for confirmation not emotion.
📍Key Levels:
Res: $113.7K / $115.5K
Sup: $112.7K / $110K / $10
