$BTC $BTC

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$BTC /USDT – SHORT-TERM BOUNCE BUT TREND STILL BEARISH

Bitcoin has slipped from 118,575 down to a low of 114,640 in the last 24h. Currently trading around 115,212, the price is attempting a rebound after testing the 114,800–115,000 support zone. Order book shows sellers still controlling the market despite this bounce.

Trade Setup

Entry (Short Zone): 115,200 – 115,600

Take Profit (TP):

TP1: 114,600

TP2: 113,800

Stop Loss (SL): 116,000

Market Outlook

The broader trend remains bearish unless BTC can reclaim 116,500+ with strong buy volume. A short-term bounce to 115,600 is possible, but rallies are still likely to be sold into. Traders should watch the 114,600 support closely — a break below could accelerate downside momentum.

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