$BTC / USDT
The essentials of the moment:
Current price: around $115,800, moving between $114,742 and $116,997 intraday.
Ongoing technical correction: Bitcoin falls below $115K, due to massive liquidations of nearly $500 million, as the market faces liquidations from long positions.
Strong support at play: Critical zone at $115K, and immediate resistance at $118K, with the possibility of consolidating after the pullback.
Solid institutional momentum: Although the price is correcting, the institutional narrative remains positive —including record ETFs, inclusion in 401(k) plans, and the creation of a BTC Strategic Reserve— adding a structural support pillar.
Quick Technical Scenarios
Scenario Key Condition Potential Targets
Bullish Stabilizes and closes above $118K Short: $120K → Medium: $124K–$130K+
Neutral Consolidates between $115K–$118K Accumulation zone for new momentum
Bearish Falls below $115K Correction risk towards $110K–$112K
Express Recommendation
Buy if BTC manages to maintain closes above $118K, with momentum towards $124K–$130K.
Wait if it retraces towards $115K, looking for confirmation of support before re-entering.
Lightning Summary
The bullish momentum continues to be supported by institutional flows and favorable policies, despite the current correction.
Key levels are $115K (support) and $118K (resistance). Staying between them suggests consolidation; breaking through will define the next direction.
Conservative projections point towards $124K–$130K, although the macro context and ETFs could push it higher if momentum continues.