📉 Bitcoin Bears Tighten Grip — Can Bulls Defend $112K?
$BTC slipped to $110,650 before bouncing back above $112,200… but the battle isn’t over. ⚔️
🔹 Key hurdles: $113,600 → $114,000 → $114,800
🔹 Break & close above $114,800 = path toward $115.5K – $116.5K 🚀
🔹 Fail to reclaim = risk of deeper drop to $111.5K → $110.6K → even $108.5K
Technical signals:
❌ MACD deep in the red
📊 RSI still under 50
The market is at a make-or-break moment: Bulls need strength, or bears drag us further down.
👉 What’s next — rebound or another leg lower?