$BTC
**📈 Bitcoin Market Update (BTC/USDT) – Bullish Reversal in Sight?**
BTC is currently trading at **$114,506.15**, showing a **+1.67%** increase in the last 24 hours.
- **24h High:** $114,799.97
- **24h Low:** $111,920.00
- **24h VoVolume:** ovenTC: 8,070.11 • USDT: $915.76M
After reaching a local low of **$111,920**, Bitcoin has shown a strong rebound, breaking above the $114K mark. The recent 6H candle pattern indicates **bullish momentum**, with increasing buying pressure visible from the recent green candles and a potential move toward the **$116,700 – $118,400** resistance zone.
The **OBV (On-Balance Volume)** still shows negative pressure, but the price action suggests recovery interest from buyers.
This could be an early sign of a **short-term reversal** or relief rally after recent declines. Traders may want to monitor price behavior near **$116K+** for confirmation of sustained bullish momentum.
