📢 #Bitcoin Update | BTC/USDT 🚀
💰 Current Price: 118,288.30$
📉 24-Hour Change: -3.93%
🔍 Quick Analysis:
After a strong upward wave in previous weeks, Bitcoin is experiencing a natural correction while maintaining important support levels. The current price action indicates the possibility of re-testing support areas before attempting a new breakout.
📊 Important Levels:
Support: 116,500$ – 114,800$
Resistance: 120,200$ – 122,500$
⚡ Near-term Expectation:
If the price maintains the current support with an increase in trading volume, we might see a bounce towards 120K soon.
A strong break below support could push the price towards lower levels in the short term.
💡 Trading Advice: Risk management is very important right now, and try to stagger your entries instead of going all in at once.
