\$BTC

Daily Analysis – Critical Support in Focus

BTCUSDT Perp

115,329.7 -2.2%

Bitcoin is currently in a corrective phase after recent highs. The price is testing the support area around 115,058 USDT, a key level for maintaining the long-term bullish trend. Another significant level to monitor is 112,000 USDT, which could determine the next major move.

Bullish Long-Term Scenario

If Bitcoin manages to hold the support near 115,058 USDT and bounce, or retests 112,000 USDT and gains support, the long-term uptrend would likely continue, paving the way for further gains.

Potential Long Targets:

* First Target: 124,400 USDT

* Second Target: 132,000 USDT

* Ultimate Target: 144,000 USDT

Bearish Scenario

A decisive drop below 112,000 USDT would indicate a change in market structure, signaling a potential bear phase with lower levels becoming the focus.