🪙 Importance of the Current Support Area$BTC

This area serves as a critical line of defense for Bitcoin. If the price fails to hold above it, we may be subject to further selling that could push it to target the level of 112,000$BTC again.

Therefore, it is essential for Bitcoin to maintain this price threshold and for us to witness a bullish rebound that restores positive momentum for the coin back to the upward path.

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Summarize the main points:

- Holding above the current area prevents further decline.

- Breaking the support level may bring the price back to 112,000.

- A strong rebound from this point boosts market confidence and triggers a new upward push.$BTC #BTC