📊 $BTC Market Update — August 15
Current Trend: Slow day, no real strength. Still holding support.
Main Support Levels: $116,930 → $114,470 (critical)
Resistance to Watch: Bounce target into resistance zone (B-wave rally)
Key Risk Level: Break below $114,470 could signal a larger top in place.
Summary:
Market may have bottomed in a wave 4 on Aug 2, but needs to rally soon to keep bullish count alive.
No convincing signs of an impulsive move up yet — recent bounces remain weak and corrective.
White bullish scenario: One more push higher possible if $116,930 holds.
Yellow scenario: Already topped, now in a corrective pullback before possible new highs.
Break below $114,470 = warning for deeper drop.
💡 Trading Outlook:
🔴 Caution / No clear buy signal until strong bounce forms.
🟢 Bullish short-term only if price holds above $116,930 and starts impulsive rally.
⚠️ Break below $114,470 shifts bias toward sell / protect profits.