#ShareYourThoughtOnBTC

BTC is under pressure, having declined due to fresh U.S. tariff concerns and profit-taking across crypto markets. It’s currently trading below ~$115,000—a key threshold it recently failed to maintain .

Key technical levels:

🚩 Resistance: $118K–$120K remains a strong ceiling; bulls have struggled to break higher .

🧱 Support: Immediate support lies near $112K, and deeper levels around $109K–$112K could be tested next if downside continues .

BTC is grappling with bearish momentum after breaking below critical support at ~$115K. U.S. tariffs and macro concerns sparked a broader crypto sell-off. Resistance remains entrenched at $118K–$120K, and unless we reclaim those levels with strong volume, $112K–$109K looks vulnerable next. Key indicators like futures premium and RSI signal cooling appetite for bullish trades. A clear bounce above $120K is needed to restore confidence. Until then, caution and risk management are advised.

#BTC #CryptoAnalysis

Market tone is cautious with futures premiums cooling and reduced institutional leveraged demand signaling waning confidence in bullish momentum .