🔥 BTC at Crossroads: Bounce or Breakdown? 🔥
📊 Current Price: ~$113,800
📈 Range: $112.4K – $114.7K
🔎 Technical Snapshot
🔻 Support Zone: $116.8K – $117K
🎯 Upside Target: $122K – $124K (if bounce holds)
⚠️ RSI near overbought → pullback risk to $114K–$115K
📉 Whales selling near highs → downside toward $112K possible
🚀 Big Picture: Despite short-term pressure, long-term momentum remains bullish, fueled by institutional demand and macro tailwinds.
⚡ Strategy: Watch the $117K zone closely — it could be the launchpad or the trapdoor.
DYOR No Financial advice!