📊 BTC/USDT – current situation
Bitcoin has settled above $113,600, after yesterday's decline to the level of $112,500. The chart shows a confident recovery and growth towards the upper boundary of the Bollinger Bands, where there is currently a battle between buyers and sellers.
🔹 Key levels:
Support: $112,500 – $113,000
Resistance: $115,000 – $115,800
🔹 What does this mean?
If BTC stays above $113,000, further growth to $115,800 is possible.
If the price breaks down, a pullback to the $112,500 zone is likely.
📈 The market currently looks more bullish, but as it approaches resistance, a correction is possible.
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⚡️ Conclusion for the post:
👉 Bitcoin shows local strength, but the key resistance zone of 115k may become a turning point. In the near future, the market is waiting for either a breakout upwards or a test of support.