$BTC Approaching $113K – Will Bulls Break Higher?
$BTC is trading at $112,772, up 1.3% on the day after bouncing from the $110,621 low. Price is consolidating just below the $113,000 psychological resistance, and the next move will decide whether bulls extend momentum or if sellers trigger a pullback.
Key Levels to Watch
• Resistance: $113,000 – A breakout above this could drive upside toward $114,200 and $115,500.
• Support: $112,000 – Losing this level may lead to a decline toward $111,200 and $110,500.
Trade Setup – Be Prepared
Bullish Entry:
Breakout above $113,000 could target:
• TP1: $114,200
• TP2: $115,500
Bearish Entry:
Breakdown below $112,000 could target:
• TP1: $111,200
• TP2: $110,500
Final Note
$BTC is at a key psychological barrier. A clean breakout above $113K would reinforce bullish continuation, while rejection could spark a short-term correction. Traders should monitor closely for confirmation.
