BTC Evening Thoughts
Support Bottom Line: 113,000 is the boundary for bulls and bears within the day; losing this level may accelerate the decline to the 111,000 - $112,500 range.
Resistance Ceiling: 116,000 is a strong short-term resistance; breaking through this level may challenge 118,000 - $120,000.
Action Suggestions:
Long positions at 113000-113300 on pullbacks, target 115500
Short positions at 115000-115500 on rebounds, target 113000$BTC
