$BTC

Technical Analysis BTC USDT

After the recent market structure breakdown (BOS), $BTC reached the liquidity area near $111.8K - $112K on the hourly chart, where buyers started to show activity.

We are already noticing a local reaction from this demand area, and the price is now trying to recover in the short term.

However, there is still an important supply area above it ranging between $115K and $116K - and this area remains strong resistance and a potential sell entry if the price cannot maintain higher levels.

Bullish Scenario:

If $BTC continues to hold above $112K and confirms the recovery of the market structure on the lower timeframes, we may see another test of the $115K area.

🔽 Bearish Scenario:

If buyers lose their momentum and the price drops below $112K, the next liquidity will be between $111K and $110.8K, where stronger support awaits them.

The market is currently experiencing a short-term correction after a local sell-off. Volatility may increase as we approach the weekly close - so stay alert and trade with risk management.