🚨 Analysis of $BTC: Battle for the $115K Level
Today's BTC session was extremely volatile:
📉 After an attempt to rise, the price sharply collapsed to ~$115K, where it found support.
🔼 Each bounce faces strong resistance at $118K — sellers are actively taking profits there.
📊 The volume of the decline remains high, indicating that bears are holding the initiative.
⚖️ Key levels:
Support: $115K — a crucial threshold.
Resistance: $118K — a barrier to growth.
🎯 Possible targets:
If $118K breaks: movement into the $120K – $122K zone.
If $115K breaks: decline to $112K – $110K.
📌 Conclusion:
BTC is stuck in the $115K–$118K range.
If the bulls can defend $115K — the market may attempt another upward surge.
If the level does not hold — the path to further decline will open.
