🚨 BTC/USDT TECHNICAL & TRADING OUTLOOK

📉 BTC is trading near $113K, down ~8% from its $124K peak last week. Market is consolidating with high volatility.

🔑 Key Levels:

Support: $112K – $113K

Resistance: $115K – $118K

📊 Indicators:

RSI ~54 → Neutral / Slight Bullish

Stochs → Overbought

MACD → Mixed (short-term sell, long-term buy)

Moving Averages → Short-term bullish, long-term bullish

📌 Market Sentiment:

Traders await Powell’s Jackson Hole speech for direction.

A hawkish Fed could suppress rallies, dovish tone may fuel momentum.

🚀 Outlook:

Short-term → Choppy, watch $112K floor.

Medium-term → Recovery possible toward $120K+.

Long-term → Bull cycle intact, with targets up to $130K–$200K by 2027 (institutional flows + adoption).

⚠️ Trade with caution. Breakout above $115K = bullish momentum. Breakdown below $112K = deeper correction likely.

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