no chance of going under 116k?
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BullishBanter
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$BTC /USDT – Bears Still Holding the Line
After testing above $120K, Bitcoin faced strong resistance and is now dropping sharply. Bears are not letting bulls move freely without a fight. Price just touched $118,400 with strong selling pressure.
Current View:
Short-term momentum has turned bearish again. Bulls need to defend the $117,500–$118,000 zone to avoid deeper correction.
Key Levels to Watch:
Resistance: $119,500 – $120,000
Support: $117,500 – $118,000
Next Move:
If BTC holds above $117,500, we might see a bounce attempt. But if it breaks below, expect a slide toward $116,300 and $114,800 range.
Risk Note:
Avoid chasing entries in panic zones. Wait for clear signals or retest bounces before fresh positions.
#BitcoinUpdate
$BTC
After testing above $120K, Bitcoin faced strong resistance and is now dropping sharply. Bears are not letting bulls move freely without a fight. Price just touched $118,400 with strong selling pressure.
Current View:
Short-term momentum has turned bearish again. Bulls need to defend the $117,500–$118,000 zone to avoid deeper correction.
Key Levels to Watch:
Resistance: $119,500 – $120,000
Support: $117,500 – $118,000
Next Move:
If BTC holds above $117,500, we might see a bounce attempt. But if it breaks below, expect a slide toward $116,300 and $114,800 range.
Risk Note:
Avoid chasing entries in panic zones. Wait for clear signals or retest bounces before fresh positions.
#BitcoinUpdate
$BTC
