BTC/USDT – Critical Support in Play! Can Bulls Defend the Line?
#Bitcoin is once again testing a vital support zone, currently trading around $114,300 after a bounce from $114,121. Bulls attempted to hold ground, but bearish momentum is picking up steam.
The recent rejection at $115,340 highlights intensifying selling pressure. If BTC fails to hold $114,000, a deeper pullback could be triggered.
Key Levels to Watch:
🔻 Immediate Support: $114,100 – $114,000
⚠️ Breakdown Zone: Below $114,000 may lead to $113,500 and $112,800
🔺 Resistance Levels: $114,800 and $115,340
Market Outlook:
Time is running out for bulls. A close below $114,000 on strong volume could spark a sharper decline. Even a mild bounce here might be short-lived if momentum doesn’t shift fast.
⚔️ This is a make-or-break zone — expect either a strong recovery or a swift breakdown.