MARKET UPDATE: $BTC by Silverbulls

• Technical Analysis: BTC CME Futures broke down from a symmetrical triangle pattern on the 4-hour timeframe, indicating bearish pressure.

• Support Levels: Key support zones are at 114,000 – 115,000 (short-term EMA 100 and demand area) and 111,500 – 112,500 (historical support and long-term EMA 200).

• Bullish Outlook: Reclaiming the broken triangle structure and moving above recent resistance levels are necessary for a bullish recovery.