🚀 Bitcoin Reclaims $113K — Bulls Eye Fresh Breakout

📊 Market View

Bitcoin ($BTC/USDT) has bounced strongly from the $111K support zone, reclaiming $113K with bullish momentum. The 4H chart shows price holding above the mid-Bollinger Band, while MACD remains in a positive crossover, indicating fresh upside potential.

💵 Current Price

BTC is trading around $113,000, up +0.84% in the last 24H.

24H High: $113,293

24H Low: $111,111

24H Volume: 13,098 BTC (~$1.47B USDT)

📝 Spot Traders Note

Spot accumulation continues near $111K–$112K levels, showing strong buyer defense. If BTC sustains above $113K, bulls may push price toward higher resistance zones.

📈 Futures Setup

Entry Zone: $112,500 – $113,200

Target 1 (TP1): $114,500

Target 2 (TP2): $116,000

Target 3 (TP3): $118,500

Stop Loss (SL): $111,000

🌎 Market Outlook

The structure favors bulls as long as $111K holds. A decisive breakout above $114.5K could accelerate momentum toward the $116K–$118.5K region. However, failure to hold $111K may invite deeper corrections toward $109K.

🗒 Note

Bollinger Bands suggest price is testing the upper band, hinting at volatility expansion. Traders should watch volume closely for confirmation of trend continuation.

⚠️ Risk Note

Crypto markets are highly volatile. Use strict stop losses and avoid overleveraging, especially during breakout attempts.

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$BTC