we do not see $BTC pumping anytime soon.
BTC is trading around $113,364, right on top of a major support zone between $111K – $113K. This level was the breakout point in July, and now it’s being tested again.
📊 Key Levels to Watch:
Support: $111K – $113K (critical)
Resistance: $118K – $120K, then $124K
Breakdown Target: $105K → $96K if support fails
🟢 Bullish Case: Bounce from $113K could send BTC back to $118K–$124K, but the chances are super small.
🔴 Bearish Case: Losing $111K may trigger a drop toward $98K, and from the current market, this is where we are headed unless we get bullish news to push the market back up.
If $BTC drops below $100,000 before Sunday, we will witness the greatest liquidation in crypto.