$BTC Market Update ๐น
Bitcoin is trading around $110,468 after facing rejection near $112,500 and testing support at $110,200. The short-term trend shows consolidation, and holding above $110,000 is key for a rebound toward $111,800โ$112,500. A breakdown below $110,000 could invite further downside toward $108,500.
Trade Setup:
Entry: $110,200โ$110,500
Stop-Loss: $109,500
Take-Profit: $111,800 / $112,500