📉 BTC Market Update – What’s Next?

After bouncing from the recent low at $114,723, BTC is trying to recover — but the trend isn’t fully bullish yet.

If BTC manages to break above $117,000 with strong volume, we could see a move towards $118,600 or even $119,450 (yesterday’s high).

But if it gets rejected near $117K again, there's a real risk of dropping back to $115K or $114,700.

Right now, the price is sitting around $116,547, and it's still below the key EMAs (25 & 99). That means the overall trend is still weak, but the small bounce is encouraging.

✅ RSI is recovering (around 44)

✅ Buyers are stepping in with more volume

⚠️ Still below important resistance levels

If you're already in a trade patience is key. I'm watching the $117K zone closely — a breakout could signal a nice short-term move up.

What do you guys think? Will BTC push higher or is this just a fake bounce? 🔁👇

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