$BTC Market Update

Key Levels

Entry Zone: $109,500 – $111,000 (Buy near support)

Target 1: $114,800

Target 2: $118,000

Stop Loss: $107,800

$BTC is currently trading around $111,702.94 (+0.76%), showing early signs of stabilization after a sharp correction from the $126,199 high. The strong rejection near $102,000 indicates buyers are actively defending lower levels, hinting at a potential short-term recovery phase.

📈 Moving Averages (1D Chart):

MA(7): $118,011.68

MA(25): $116,147.63

MA(99): $115,374.91

Bitcoin has reclaimed the psychological $110K level after a steep drop, and consolidation above this zone may trigger a rebound toward the $115K–$118K resistance area. A close above $118K could reestablish bullish momentum, while a dip below $109K may invite renewed selling pressure.

💡 Pro Tip: Watch for accumulation near $110K — this zone could act as a strong base for the next upward leg if buyers maintain control.

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