BTC SHORT-TERM PRICE OUTLOOK (24H)
As long as $BTC holds above $112,800, a rebound remains in play. A bounce from the rising channel support and Fibonacci S3 level at $112,165 could trigger a move toward $115,200, with stronger resistance waiting near $116,400. A breakout above this zone may open the path to $118,300.
However, a failure to hold $112,800, or a drop below $111,950, could expose #Bitcoin to further downside toward $110,000, and potentially $107,300, key areas where prior demand and Fibonacci support converge.
📊 Spot volume remains flat, and short-term indicators are still neutral. Watch for confirmation above the 20/50 EMA cluster before making aggressive moves.
