$BTC

/USDT Strong Recovery Or Retest .?💯✅

Bitcoin is currently trading at $114,047, down from the 24h high of $116,019, with a low of $112,722. Volume remains strong at $2.3B (USDT) and 20,117 BTC, suggesting institutional-level activity.

Market Structure: • BTC is in a consolidation phase after a local rally.

• Price holding above $112.7k suggests buyers are defending that zone.

• Momentum is slightly weakening, but no strong breakdown yet.

Key Levels:

• Support: $112,700 / $111,500

• Resistance: $115,200 / $116,500 / $118,000

• Pivot Zone: $113,800 – $114,300

Scenarios to Watch:

Bullish Bias (if $113,800 holds):

• Reclaim above $115,200 opens upside to $116.5k and $118k

• Short-term breakout target: $119,800

Bearish Bias (if $112,700 fails):

• Drop to $111,500

• Below that, downside risk opens toward $109,800 – $110,200

Strategy Suggestions:

• Scalp Buy Zone: $112,700 – $113,200 (tight stop below $112,200)

• Breakout Buy: Over $115,200 with high volume

• Shorting Opportunity: If rejection near $115.5k–$116k with low volume

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