#BTC Breaks Back! Will Bulls Detonate the Next Big Move?

Bitcoin ($BTC ) is bouncing back from $112,000 support, now around $114,400, but upside is capped near $115,500–$116,200 resistance.

If BTC breaks above $116,800, it could surge toward $118,500–$121,200.

However, failure to hold $114,600 support may lead to drops toward $112,000 or lower.

Overall, August looks mixed with cautious optimism and key battles at $116K. ⚡

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