112500 probing but unbroken, where will Bitcoin go next? (8.20)

The 112500 level on the 4-hour chart is the support point of the previous structure, while the daily level of 112000-112400 is the lower boundary of the Tang Anqi channel. After a night of decline, today we can prioritize considering a rebound adjustment. The intraday support is at the 112500 area for low longs (as long as it doesn't break below 112000, everything is fine).

Intraday resistance can be referenced around 114800/116300.

Low longs near 112500, looking at 114500/116000. over $BTC #合约挑战