$BTC
---
$BTC /USDT – BEARS TESTING 114,700 SUPPORT
Bitcoin has seen heavy selling pressure, dropping from the 118,500 zone down to the 114,700 area in the last 24h. The 15m chart shows consistent lower highs with red candles dominating, signaling sellers are still in control. Right now, BTC is sitting just above the 114,700 support – if this level breaks, it could open the door for a deeper move toward 113,500–113,000.
Trade Setup:
Entry (Short Zone): 114,900 – 115,200
Take Profit (TP):
TP1: 114,000
TP2: 113,000
Stop Loss (SL): 116,000
Market Outlook:
The overall bias remains bearish until BTC reclaims 116,500 with strong volume. If bulls defend 114,700 successfully, we may see a short-lived bounce, but momentum favors the downside.
