BTC current price 115400, opportunity or risk? You'll understand after reading!
Recently, the BTC price has fluctuated around 115400 USD, and many people are asking, "Can it go up from here? Or is it going to drop?" In fact, the market is not that simple; it depends on a few key points.
First major support: 114000 USD
This level has been tested multiple times before; if it holds, it indicates that there are plenty of buy orders supporting it. If you haven't gotten in yet, holding this level might be a good opportunity.
Main resistance: 117500 USD
This is the ceiling for BTC in the short term, and whether it can break through will determine the next potential increase. If it breaks through, hitting 120000 is not a dream; however, if it meets resistance and fails to break, a pullback is normal, so don’t panic.
Volume correlation is key
Insufficient volume often leads to stagnation; increased volume will accelerate the market. Recently, volume has shrunk a bit, indicating that the market is still observing and waiting for direction confirmation.
The broader environment is unstable, don’t act impulsively
Don’t forget, the global economy and policies are changing; BTC is not an island, and the market is affected. Now is the time for cautious operations, finding the right points is the key.
In summary:
BTC is at a "critical junction" now; maintaining support and breaking through resistance will provide greater opportunities. Want to precisely grasp buy and sell points? Come find me, and I'll help you seize market opportunities and avoid detours!
