📊 BTC just hit $114K — Bullish continuation or fakeout?
Mid‑week shakeup!
Bitcoin recently bounced back to about $114K, testing key resistance zones. RSI (14‑day) is sitting in a neutral ~48‑level—neither overbought nor oversold. Funding rates remain modest, averaging around +0.009‑0.01% on Binance perpetuals, signaling balanced long/short interest.
Macro sentiment feels cautious: traders are eyeing Fed rate expectations and rising demand for downside protection via options.
What’s your prediction for BTC by Friday?
Vote below ⬇️
🔘 Above $115K
🔘 $112K–$115K
🔘 Below $112K
🔘 Doesn’t matter—I’m stacking alts 😎
🧠 Why it matters:
* Price near resistance — $114K has held as both support and ceiling in recent weeks.
* RSI neutral zone (~48) — indicates neither strong momentum nor reversal setup yet.
* Funding rates low & stable — shows a balanced futures market, not overly long or short.
