🔹 Current Market Situation #BTC 👇

Current Price: $112,378.63 USDT

Price in PKR: ≈ Rs 31,594,128.03

24h Change: -7.52% ⛔ (Bitcoin has dropped sharply in the past 24 hours)

24h High: $122,550.00

24h Low: $102,000.00

24h Volume (BTC): 82,890.05 BTC traded in 24 hours

24h Volume (USDT): ≈ 9.38 Billion USDT

The chart shows a sharp fall in BTC price starting from around $120,000, dropping quickly to nearly $102,000, and then recovering slightly to around $112,000.

This indicates a strong sell-off — possibly due to news, market panic, or liquidation of leveraged positions.

The slight recovery afterward suggests some buying interest or short-covering after the drop.

Bids (Buyers): Around $112,378.46 – $112,378.62

Asks (Sellers): Around $112,378.63 – $112,378.80

Buy/Sell Ratio:

Buyers: 18.08%

Sellers: 81.92%

→ This means selling pressure is currently much stronger.

Bitcoin has recently faced a big correction (-7.5%), likely after failing to hold above the $120k level.

Current trend is bearish in the short term (15m–4h view).

However, Bitcoin still remains in a long-term uptrend (since it’s trading above $100k).

📈 What to Watch Next

Key Support: $102,000

Key Resistance: $122,000

If BTC stays above $110k → possible sideways consolidation.

If BTC breaks below $102k → could fall further toward $95k–$100k zone.

A move back above $120k → could signal a bullish reversal.