📊 BTC/USDT Analysis for Today
Bitcoin is currently trading at $113,790, after a sharp decline to $113,009 and a quick rebound upwards.
The chart shows:
🔹 The price tested the lower boundary of the Bollinger Bands and bounced upwards.
🔹 The support level is around $113,000 – $112,500.
🔹 The nearest resistance is the zone of $114,000 – $115,000.
📈 If buyers hold the level of $113,000, there is a chance of movement upwards to $114,500 – $115,000.
📉 But a breakdown below the zone of $113,000 could open the way to $112,500 and below.
⚡ The market is currently in a phase of uncertainty: a local "power candle" is forming after the decline. We are monitoring the volumes — they will show who is stronger: bulls 🐂 or bears 🐻.
👉 Question to you: where do you think BTC will go next — up or down?
#BTC #ETHStakingExitWatch #MarketPullback #MetaplanetBTCPurchase
