$BTC

BTC faced rejection from the descending trendline and has now dropped into the major Bull. OB + Support zone around $111,800 – $112,300 in 1H . Price is consolidating within this zone, which will decide the next move.

If this support holds, we may see a bounce towards $113,500 – $114,500. However, if it fails to hold, the decline could extend further towards $110,000 – $109,000.