$BITCOIN Update – The Retest is On
After that explosive climb to $117,630, $BITCOIN is now taking a breath, cooling off just slightly to trade around $116,495. But don’t let the dip fool you — this looks like a textbook retest after a powerful move up.
Eyes are now on the $115,800 zone. That level is shaping up to be the line in the sand. Hold it — and we might be looking at the next surge. Lose it — and we’re likely in for a deeper correction.
Here’s the technical landscape:
Resistance stands tall at $117,600
Support is holding steady at $115,800
Key focus: How BTC behaves around the $116K zone
A solid bounce with strong volume from here could ignite the next rally. But if the support gives way, brace for more downside probing.
This phase is where markets separate noise from conviction. Stay sharp. Stay ready.