BTC will start a weak rebound!

1) The low point of this short-term decline is around 114,600, which is roughly the same as the expected 113,500;

2) Bulls are counterattacking, but the bullish momentum is relatively weak. It is estimated that the rebound will reach the 0.618 position, around 120,700 or 122,400. From the perspective of weak bullish momentum, it is predicted that the price will most likely rebound to around 120,700 and then stall;

3) Once the rebound is in place, BTC will start a significant drop, and breaking below 100,000 is possible, so be prepared.