🔥 Bitcoin Approaching 112K – Major Move Imminent
$BTC is trading at $111,214 (+0.69%), rebounding from a 24h low of 108,666 and testing resistance. Momentum is back on the upside, but the next candle will determine if Bitcoin breaks through or faces rejection.
Key Levels:
• Resistance: 111,222 → 112,211 → 112,937 → 113,150
• Support: 110,332 → 109,392 → 108,666 → 108,453
Scenarios:
• Break above 111.2K → potential move toward 112.9K → 113.1K
• Rejection at 111.2K → pullback toward 110.3K → 109.4K
Trade Ideas (for reference):
• Breakout Long → H1 close above 111.2K, targets 112.2K / 112.9K
• Pullback Long → Bounce from 109–110.3K, target 111.2K
• Fade Short → Rejection wick at 111.2K, target 110.3K, stops above 111.5K
BTC sits at a critical breakout point — watch 111.2K for the next directional cue.
111,214 (+0.69%)
