$BTC /USDT ANALYSIS
Bitcoin is trading below the descending trendline and facing strong resistance near the $114,500–$115,000 zone. Price recently rebounded from the key demand zone around $112,000–$112,500 but has yet to break structure.
The RSI is neutral, hovering around 47, showing weak momentum with no clear bullish divergence.
Right now, it's consolidating between trendline resistance and the grey demand zone, signaling a potential breakout move.
If Bitcoin breaks above the descending trendline and $115,000 level, we could see a bullish push toward $118,000–$120,000.
But if BTC loses the $112,000 support zone, a deeper correction toward $110,000 or even $108,000 becomes more likely.$BTC