๐จ $BTC /USDT โ Make-or-Break Moment for Bitcoin? ๐ฅ๐ป
#Bitcoin is pulling back slightly, hovering near $112,927.33 after hitting a high of $115,720. Is the king of crypto setting up for a reboundโor is more downside in play? Letโs break it down! ๐
๐ Market Overview
๐ Current Price: $112,927.33
๐ 24h High: $115,720.00
โ๏ธ 24h Low: $112,650.00
๐ Parabolic SAR: $111,569.87 (Trend still technically bullish)
๐ MACD Momentum:
โโข DIF: -174.23 (Bearish momentum increasing)
โโข DEA: -102.45
โโข MACD: -143.56 (Warning: selling pressure rising)
๐ BTC Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If BTC Holds Above $112,500):
Entry: Above $113,500
Targets: $114,650, $116,190, $117,730+
Stop-Loss: $111,500
๐น Bearish Scenario (If BTC Breaks Below $111,500):
Entry: Below $111,400
Targets: $110,000, $108,000, $105,000
Stop-Loss: $113,500
๐ Hold or Sell?
โ Still holding above critical short-term support = neutral bias
โ ๏ธ MACD shows increasing bearish pressureโwatch for further weakness
โ SAR support at $111,570 may act as the bounce zone
๐ก Pro Tip:
๐ Reclaiming $114,650+ with volume is key for any recovery toward $119K
๐ No strength above $113,500? Expect more chop or downsideโstay defensive
๐ข Are you buying the dip or waiting for a clear trend on $BTC? Letโs talk below!
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