Bitcoin just dropped sharply but quickly bounced back from around $112,214, showing buyers are active at lower levels. This looks like a normal pullback in a larger uptrend. Short-term sellers are out, while stronger hands are stepping in again.$BTC
Here’s my plan:
Entry Zone: $112,400 – $112,600, where momentum is picking up.
Targets: $113,200 first, $113,800 next, and possibly $114,500+ if the move grows.
Stop Level: Below $111,800, as a break under this could signal more pressure.$BTC
Why this setup makes sense: Bitcoin still holds strong gains this year, even with the recent dip. The $112K area has worked as support before, and buyers keep defending it. To me, this looks like a base for the next push upward. The structure is clear, the levels are set, and the move is straightforward.