$BTC /USDT – BEARS PRESSURE BITCOIN AS IT STRUGGLES BELOW $116K 🚨

Bitcoin on the 4H chart is facing clear selling pressure from the $116K–$116.1K resistance block after multiple failed attempts to push higher. The price has now dipped back into a mid-range zone near $115.6K. If buyers cannot defend this area, the next major support sits near $114.8K–$114.6K, which may act as a magnet for price in the short term.

Trade Setup (SHORT):

Entry: $115,600 – $115,800 (short on minor pullbacks)

Take Profit (TP): $114,800 / $114,600

Stop Loss (SL): $116,100

Market Outlook:

BTC remains in a short-term corrective phase within its broader trend. Bears currently control the momentum on lower timeframes. A decisive break and close above $116.1K would invalidate this setup and could trigger a bullish reversal, but until then the bias leans bearish.

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buy and tried here on $BTC