$BTC /USDT – ANALYSIS & FORECAST
Bitcoin has regained strong momentum, trading around 116,800 after bouncing from the 111,600 support zone. The sharp recovery has been supported by increasing volume, suggesting renewed buyer confidence after recent volatility.
🔎 Technical Outlook:
Support Levels: 115,500 – 113,500
Resistance Levels: 117,500 – 118,500
Trend: Short-term bullish with higher lows forming.
Volume: Sustained inflows indicate strong accumulation around current levels.
📈 Forecast:
If BTC breaks and sustains above 117,500, we could see an extension toward 118,500 – 120,000 in the coming sessions. However, failure to clear this resistance may trigger a short-term pullback toward 115,500 before another attempt higher.
⚠️ Overall sentiment remains bullish as long as Bitcoin stays above 113,500, but traders should remain cautious of sharp volatility near major resistance zones.