Bitcoin found support near $112,000 yet again—three tests and still holding. Yesterday’s modest rebound slipped away in early trading, but the hourly chart suggests BTC is settling into a consolidation zone. Once this phase ends, a move upward seems likely. If you're leaning bullish, an entry near $113,000 with a stop just under $112,000 remains a logical setup.
---
Watch This First, Then Play
This isn’t hype—it’s technical structure and risk control. BTC is not yet rallying—it’s just cooling off above strong support. That repeated bounce at $112K reinforces the case for stability, not hype. Should Bitcoin break higher out of this range, a push above could be real. A stop just below the line keeps risk tight.
Bottom line: Bitcoin’s laying a base at $112K. A cautious entry around $113K makes sense. Stop risk at that key support and let the structure guide. Think it’s ready for an upside breakout—or still crawling lower?
