#Bitcoin is trading at $116,722 after a steady rebound from the $114K support zone.
The daily chart shows price holding above the 7-day MA ($115,607) and sitting just under the 25-day MA ($116,997) — a level that’s acting as short-term resistance. Bulls need a clean break above $117.3K to confirm momentum and potentially retest the $119K–$123K supply zone.
As long as $BTC holds above $114K, the structure remains constructive.
A decisive breakout here could set the tone for a push back toward all-time highs.