#Bitcoin holds above key support

BTC trades at $113,000, rebounding nearly 1% after dipping to a low of $112,566 earlier today.

🔹 Tuesday’s 2.89% drop pushed BTC below the 50-day EMA ($114,911).

🔹 A recovery above $114,000 could see bulls retest this dynamic resistance.

🔹 MACD remains bearish with red histogram bars, signaling selling pressure.

🔹 RSI at 42 shows sideways action near the oversold zone.

📉 If BTC slips under the monthly low of $111,920, it could extend losses toward the 100-day EMA at $110,498, and further down to $107,245.

📊 BTC/USDT daily chart

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