⚔️ Bitcoin Stalls at $113K — Breakout or Breakdown?
BTC is struggling to clear $112,500 resistance and shows signs of consolidation. If weakness continues, a dip under $110,800 could follow.
Current Status:
Bitcoin bounced from $110,000, reclaiming $110,800 and $111,200. Price trades above $111K and the 100-hour SMA, supported by a bullish trend line near $110,800.
Key Resistance Zones:
Immediate barrier sits at $111,750, with stronger resistance at $112,000–$112,550. A close above $112,550 could fuel a push toward $113K, and further gains may open the door to $114,200–$115,000.
Downside Risks:
Failure to break $112,550 may trigger another pullback. Key supports: $110,800, then $110,500 and $110K. A deeper slide risks moves toward $108,800 and even $107,500.
Indicators:
📉 MACD: losing momentum, still in positive zone.
📊 RSI: below 50, showing weakening strength.
Support: $110,800, $110,000
Resistance: $112,550, $113,000
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$BTC
$ETH
$XRP
BTC is struggling to clear $112,500 resistance and shows signs of consolidation. If weakness continues, a dip under $110,800 could follow.
Current Status:
Bitcoin bounced from $110,000, reclaiming $110,800 and $111,200. Price trades above $111K and the 100-hour SMA, supported by a bullish trend line near $110,800.
Key Resistance Zones:
Immediate barrier sits at $111,750, with stronger resistance at $112,000–$112,550. A close above $112,550 could fuel a push toward $113K, and further gains may open the door to $114,200–$115,000.
Downside Risks:
Failure to break $112,550 may trigger another pullback. Key supports: $110,800, then $110,500 and $110K. A deeper slide risks moves toward $108,800 and even $107,500.
Indicators:
📉 MACD: losing momentum, still in positive zone.
📊 RSI: below 50, showing weakening strength.
Support: $110,800, $110,000
Resistance: $112,550, $113,000
#BTCvsETH #capstanzee
#Write2Earn #Follow_Like_Comment
#BinanceAlphaAlert
$BTC
$ETH
$XRP
