Bitcoin has dropped below the key support level of $115,724 and is currently trading around $113,000, after briefly dipping to an intraday low of around $113,005,
This decline is seen as a breakdown from a recent consolidation range. The former support level of $115,724 now acts as immediate resistance,
The next key support level analysts are watching is near the 200-day simple moving average (SMA) at approximately $110,348,
BTC
78,359.99
-6.47%
ETH
2,420.75
-10.11%
BNB
778.46
-8.54%