๐จ $BTC /USDT โ Will Bitcoin Reclaim $118K, or Dive Deeper? ๐ฅ
#Bitcoin is sliding after failing to hold above $118K, now hovering near $115K. Bulls are defending the $114.8K support zone โ but can they push back toward $120K, or is more downside waiting?
๐ Market Overview
๐ Current Price: $115,393.09
๐ 24h High: $118,575.00
โ๏ธ 24h Low: $114,878.71
๐ Parabolic SAR: $114,398.94 (Supportive for now)
๐ MACD Momentum:
DIF: -312.50 (bearish bias increasing)
DEA: -210.72
MACD: -203.55 (sellers gaining strength)
๐ BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BTC Holds Above $115K):
Entry: Above $115,500
Targets: $116,500, $118,000, $120,000+
Stop-Loss: $114,500
๐น Bearish Scenario (If BTC Breaks Below $114,800):
Entry: Below $114,800
Targets: $113,500, $112,000, $110,000
Stop-Loss: $115,800
๐ Hold or Sell?
โ Holding above $115K = potential rebound to $118K+
โ ๏ธ Breaking $114.8K = opens doors for deeper correction toward $112K
๐ MACD is bearish, but support at $114.8K is critical โ if it breaks, expect sharp downside.
๐ก Pro Tip: Watch $116.5K as the short-term pivot โ reclaiming it could spark momentum toward $120K. If rejected, brace for further downside to $112K.
๐ข Whatโs your strategy โ buying the dip or waiting for confirmation? Letโs discuss below!
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