📊 Analysis 🔥forecast 🔥signals🔥 $BTC 🔥for today

There were impulses to buy after the drop (candles with downward wicks), but the last candle showing a decrease with high volume → selling pressure remains.

Local levels:

support: 113,500 – 113,580

strong support: 112,800 – 113,000

resistance: 113,900 – 114,200

🔮 Forecast $BTC for today

If 113,500 holds, we might see a bounce to 113,900–114,200.

If the level breaks, the road is open to 112,800–113,000, and a deeper correction is possible.

RSI shows that the bear strength is not at its maximum → there is a chance for a short bounce, but the trend is still sideways with a downward tilt.

⚡ Conclusion

Scenario #1 (long): buy around 113,500–113,600, target 113,900–114,200, stop below 113,300.

Scenario #2 (short): if the price does not break 113,900 and pulls back, a short can be taken with a target of 113,000, stop above 114,200.

👉 Today BTC is in a narrow corridor, so it’s better to play from levels than to hold positions for a long time.