#BTC☀️

Will BTC dip below 14k
BTC/USDT is currently at $115,824.44, with recent highs of $123,218 and a low of $114,723 on the 4-hour timeframe. Here's a quick analysis:
🔎 Technical Observations:
Strong Downward Momentum:
The price has broken downward with a strong bearish candle.
MACD is deep in bearish territory (MACD: -374.97, DIF: -486.96), signaling sustained selling pressure.
Support Zone:
Next visible support areas are around $113,000, $109,900, and $106,600.
There's no sign of BTC falling toward 14k soon unless a massive breakdown occurs in the market.
Volume Spike:
There was a large volume spike recently — often a sign of capitulation or panic selling, which could lead to a short-term bottom or rebound.