If Bitcoin does not exceed $114,500, it could crash again. This is not just a simple drop; it is a true test for the bulls trying to regain control and prevent the price from hitting rock bottom.
My people! What is happening with Bitcoin? 🧐 After a serious drop that sent it flirting with $112,000, BTC got energized and attempted a rebound, managing to cross the barrier of $113,200. But beware, the road is not a walk in the park. At every step, it encounters resistances that won’t let it breathe.
The price is struggling below $115,000 and a downward line has formed that puts a brake on it at $113,500. 🚧 It’s like every time it wants to rise, it runs into a wall. If it manages to break the resistance of $115,000, it could gain momentum and even test its luck at $116,500, and even dream of $120,000. That’s where the true power of the bulls would be seen! 💪
But what if it doesn’t make it? 🤷♂️ The news says that if Bitcoin doesn’t surpass $114,500, another ugly drop could come, with key supports at $112,500 and, worse yet, at $112,000. If it crashes below that level, the hit could be hard, reaching $108,250 or, in a more catastrophic scenario, $105,500. 💥 This is not just for those who invested; it shows us the volatility of the market, and how a simple movement can change everything.
The million-dollar question is: will the bulls hold on or will the bears take victory? This is more than just a simple game of numbers; it’s a pulse that defines the immediate future of Bitcoin.$BTC
