Bitcoin Struggles to Regain Momentum
BTC is attempting a recovery from $112,500, now holding above $114,000. Still, major resistance levels stand in the way of a meaningful breakout.
Bitcoin slipped below $115,500 earlier, retesting the $112,400 zone before bouncing back. At present, the price sits under both $115,000 and the 100-hour SMA, with a bearish trendline capping gains around $114,800.
For buyers, the key challenge is reclaiming $115,000. A decisive move above $115,500 could open the path toward $118,400 and even the $120,000–121,500 region.
If the rebound falters, immediate support rests at $113,500, followed by $112,400 and deeper risk zones at $111,500–110,000. A breakdown below these levels may leave BTC exposed to $108,000.