⚠️ Bitcoin Loses Key Support — What’s Next for BTC?
BTC closed below $116,300 early this week and slipped under its ascending trendline (since April lows).
Price also dropped below the 50-day EMA ($114,903).
Currently trading around $113,400.
📉 Bearish signals:
RSI at 41 → bearish momentum building.
MACD bearish crossover → trend weakness confirmed.
Next support: $111,980.
📈 Recovery setup: If buyers return, BTC could retest $116,000.
👉 Is this dip a buying opportunity, or are we heading deeper into bearish territory?
