$BTC /USDT BEARS STRIKING AGAIN — CRUCIAL SUPPORT ON EDGE ⚠️
Bitcoin has slipped under heavy selling pressure, losing momentum near $113.9K highs and now testing the $111.8K zone. If this support breaks decisively, deeper downside moves could unfold quickly, with bears aiming for psychological levels below $111K.
Trade Setup (Short):
Entry: $111.5K – $112.0K
Take Profit 1: $110.8K
Take Profit 2: $110.0K
Stop Loss: $112.9K
Market Outlook:
Momentum remains weak as BTC continues to form lower highs, signaling bearish control. A bounce is only possible if bulls reclaim $113.5K+, but until then, pressure points suggest further downside risk in the short term.