🔍 Current technical status (in brief)#Square

#trendTrend → The uptrend is still holding on the daily chart, but the momentum has slowed.

#Suppprt (Support Level) → There is strong support near $115K–$116K. If it breaks, the price could fall.

#resistance (Resistance level) → There is resistance near $120K–$121K. If it is broken, the bullish trend could resume.

#RSI (Relative Strength Index) → Around 55–60, meaning the market is now in a neutral state (neither overbought nor oversold).

Volume → Slightly lower than before, indicating the market is waiting before a big move.

📈 Probability

The price is likely to increase if:

Breakout occurs above $120K

Volume increases.

Positive news (ETF inflow, Institutional buy) arrives

The price is likely to fall if:

Closes below $115K

A major sell-off begins in the market

Negative news or regulations arrive

📌 Simply put:

$BTC We are now at a point where we can call it a turning point.

In the short term (if it goes below $115K), the price may drop.

It can grow rapidly again once it goes above $120K.$BTC $BTC