๐ฐ Current Price: about $111,500
๐ Todayโs Move: between $110,800 โ $113,200
๐ What it means:
Bitcoin is stuck near $113K, a strong barrier ๐งฑ.
Weak US job numbers ๐ are making people think the Fed will cut rates โ this is usually good for Bitcoin โ .
If Bitcoin goes above $113K, it could climb toward $116Kโ120K ๐.
Trading activity is a bit low โก, so price can swing up or down fast.
๐ Important Levels
๐ก๏ธ Support: around $110,800
๐ง Resistance: around $113,000
โ In short: Bitcoin looks positive, but it needs to break $113K before the next big move. โจ