Bitcoin on 1-Day Frame Short-Term General Trend: Bearish within a Clear Downward Channel
If the price maintains the $111,500 area and does not break it with a clear close, we may see a rebound towards $113,500 - $115,200. A strong close below $111,000 will open the way to $109,200 then $107,300 and possibly test $105,000. Continuing to trade below $115,000 keeps the overall outlook negative in the short term
