Bitcoin (BTC) is trading at $113,035, down 0.83 percent in the last 24 hours

Price recently hit a new all-time high near $116,400 and is now retracing to around $113K

Currently above MA(25) at 113,262 and MA(99) at 110,898 but below MA(7) at 113,989, showing a short-term pullback within a longer-term uptrend

Support is strong at $112,000–$110,500 with resistance at the recent ATH of $116,400

24-hour volume is 15,782 BTC (~$1.8B USDT), indicating active market participation

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