The BTC price has broken the support of $115,000, entering our zone of interest.

Currently, the 0.5 level of the entire "Powell pump" is being tested, and ideally, we would not want to lose this support.

Importantly, there is another potential low mark on the hourly timeframe, plus the first target of the correction from the latest review has been reached - $114,647. The chart clearly shows that it is also a mirror level.

We are set to start accumulating a position when the price returns to a stable uptrend on the 5-minute timeframe. For now, all the nearest basic and additional targets are collected there.

For the bullish scenario, it is important to close the day above the 50 EMA of the daily timeframe (currently at $114,913).