$BTC
/USDC TRYING TO RECOVER FROM LOW LEVELS DURING THE DAY
Bitcoin is showing early signs of a short-term bounce on the 15-minute chart after a drop to $109,395.16. Since then, the price has recovered to the $109,600 level with a slight increase in bullish candles, indicating that buyers are trying to defend this local support.
🔍 Key points: • Rejection from the intraday high of $110,322.52
• Support confirmed around $109,395, forming a potential short-term bottom
• Formation of minor higher lows — watching for a breakout above $109,756
• Overall momentum remains cautious below $110K
📉 Market overview: • 24H High: $110,420
• 24H Low: $108,360
• Volume ($BTC ): 3,549
• Structure: Weak recovery, requires confirmation above resistance
If $BTC fails to break above $109,960 soon, another drop to $109,100 is possible. However, a recovery to $110,000 with strong volume could shift the momentum back to bullish.
