🟠 $BTC /USDT Price Action Insight
Following a steep dip to $114,313, Bitcoin has managed a swift rebound and is currently hovering near $115,800. This may signal the start of a short-lived recovery but staying cautious remains essential.
If BTC stays above $115,500 and reclaims the $116,700 mark, a move toward the $118,000 area is possible. However, slipping below current levels could reignite selling pressure.
📊 Key Zones:
🔹 Resistance Now: $115,840
🔹 Breakout Zone: $116,700 – $118,000
🔹 Demand Area: $114,300 – $114,000
If this recovery holds up, it might offer a new entry opportunity at a better price but let volume and structure confirm before you commit.