📊 $BTC Morning Update: Sideways Pressure at 112K
BTC has been moving exactly as expected — pump, dump, pump, and dump again — showing a clear sideways pattern with strong resistance around 112K.
At the moment, the hope is for BTC to break strongly above 112K, but so far the breakout attempt looks weak, forcing the price back down toward 110K.
🔎 Key Levels to Watch:
112K → major resistance, needs strong breakout.
110K → short-term support, currently being tested.
109.400 → worst-case support if 110K doesn’t hold.
⚠️ Worst-case scenario: If BTC fails to stay above 110K, we could see another drop to 109.400. Hopefully this level holds, otherwise the downside risk will grow.
📌 Conclusion:
BTC remains stuck in sideways movement. A strong breakout above 112K is needed to confirm bullish momentum, but if it fails, traders should prepare for another retest of 109.400.