🚨 $BTC Bearish Pressure Analysis 🚨
Price: $113,739.99 (+0.72%)
Bitcoin is showing selling pressure after failing to hold above $114,000 and is now retesting the $113,000 support zone.
📉 Market Outlook:
Chart suggests a bearish continuation unless bulls regain momentum. Break below $113,000 → likely drop towards $112,400 – $111,800. Recovery above $113,800 → path back to $114,500.
💡 Trade Setup (Short):
Entry: $113,200 – $113,500 TP Levels: $112,800 / $112,400 / $111,800 SL: $114,200
⚖️ Risk Management:
Use a strict SL (high volatility). Scale out profits at each support zone.
