$BTC – STRONG BOUNCE FROM $116K! IS A REVERSAL IN PLAY?
BULLS DEFEND $116K ZONE
BUY PRESSURE BUILDING AFTER DIP
$BTC /USDT shows signs of strength as price rebounds sharply from $116,123 support. After a sharp intraday drop, buyers stepped in aggressively, printing a bullish candle near the key zone. If momentum continues, a move back above $117,000 could trigger a retest of the $117,600–$117,700 resistance area.
LONG ENTRY: $116,700–$116,800
TP1: $117,370
TP2: $117,700
SL: $116,120
Bitcoin bulls are showing resilience — a breakout above resistance could lead to a short-term rally.
