$BTC USDT ANALYSIS & FORECAST ⚠️
BTC/USDT is under pressure after dropping to the 112,200 support zone, losing nearly -1.7% in the last 24h. The market structure shows sellers dominating as Bitcoin fails to reclaim the 114,600–115,000 resistance area.
🔎 Insights:
Support: 112,200 is the key near-term support. A break below could open the path toward 111,000 and 110,500.
Resistance: Bulls need to push back above 114,600–115,000 to regain strength. Without this, upward momentum remains weak.
Volume: Selling volume is outweighing buying pressure, signaling continued short-term bearish sentiment.
📊 Forecast:
Bearish Scenario: If BTC breaks 112,200, expect a slide toward 111,000–110,500 with higher volatility.
Bullish Scenario: A rebound from current levels with a breakout above 115,000 could trigger recovery toward 116,000–118,000.
⚠️ Caution: Market volatility is elevated, and liquidations are increasing. Short-term traders should use strict stop losses, while long-term holders may see this as a retest before the next big move.
