#BTCHashratePeak
Bitcoin Correction Update
First key support: $117K–$116K zone. BTC is currently testing this critical area.
If this level holds, a bounce toward $123K–$124K is possible.
If it breaks, the correction could extend deeper into the $110K–$107K range (Fibonacci 0.5–0.618).
As long as BTC stays above $110K, the broader bullish structure remains intact.
Note: Macro factors like ETF inflows, inflation data, and traditional market sentiment will strongly influence whether BTC holds this support or slides lower.
