๐ฅ BTC at Crossroads: Bounce or Breakdown? ๐ฅ
๐ Current Price: ~$113,800
๐ Range: $112.4K โ $114.7K
๐ Technical Snapshot
๐ป Support Zone: $116.8K โ $117K
๐ฏ Upside Target: $122K โ $124K (if bounce holds)
โ ๏ธ RSI near overbought โ pullback risk to $114Kโ$115K
๐ Whales selling near highs โ downside toward $112K possible
๐ Big Picture: Despite short-term pressure, long-term momentum remains bullish, fueled by institutional demand and macro tailwinds.
โก Strategy: Watch the $117K zone closely โ it could be the launchpad or the trapdoor.
DYOR No Financial advice!