Bitcoin ($BTC
/USDT) is holding firm above $113,200 after touching a 24h high of $114,231, showcasing steady momentum and strong market demand. Despite a brief dip toward $112,015, bulls quickly reclaimed control, proving that buyers are actively defending key levels. With a 24h trading volume of over 10,753 BTC worth $1.22B, liquidity remains solid, indicating that institutional and retail interest is flowing consistently. The price action reflects healthy consolidation within a bullish structure, hinting that Bitcoin may be preparing for another attempt at breaking higher ranges.
From a trading view, immediate resistance sits near $114,962, and a clean breakout above this could push BTC toward the $116,000+ zone, opening profitable opportunities for momentum traders. On the downside, $112,500 and $112,000 remain strong support zones where buyers are likely to reload on dips. Traders can strategically position themselves by buying near supports with targets around $115K–116K, while keeping risk controlled below $112K. With Bitcoin showing resilience and steady volume, the current setup provides both intraday and swing traders an attractive window for high-probability trades.