đ BTC/USDT Market Update
Current Price: $110,854 (+0.47%)
24h High / Low: $112,330 / $109,350
Trend: Price is currently pulling back after testing resistance near $112,300. It is still trading above the short-term upward trendline (support around $110,500 â $110,000).
đ Bullish Probability:
If BTC holds above the $110,500 support, buyers may push price back towards $111,500 â $112,300. A breakout above $112,300 could open the way to $113,500 â $115,000.
đ Bearish Probability:
If BTC breaks below $110,000, we may see further downside pressure towards the stronger support zone at $108,500.
đ Summary:
BTC remains bullish on the larger trend but is in a short-term correction phase. Watch for support at $110,000. A strong rebound could signal continuation of the uptrend, while a breakdown may bring a retest of $108,500.
đĄ Always manage risk carefully â markets are highly volatile.