*๐ BTCUSDT Chart Update (4H)*
Bitcoin is forming a descending triangle with strong rejection from the trendline. It's now retesting the major support zone around 116,000โ117,000 USDT.
โ ๏ธ A breakdown below this zone could trigger sharp selling pressure toward 112,000โ111,000 next.
๐ Key Levels:
Resistance: 119,500โ120,000
Support: 116,000 (critical), then 112,000
Trend: Bearish bias unless bulls defend support with strength
๐จ If this zone breaks with volume, altcoins may face heavy dump. Stay cautious!
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