Hereâs the BTC/USD daily candlestick chart with key technical levels marked:
đ” Support: $110K â zone where buyers stepped in recently.
đ Resistance 1: $113.5K â immediate hurdle BTC must clear.
đŁ Resistance 2: $117K â stronger barrier, where selling started.
đ Takeaway:
Price is bouncing from $110K, but volume is weak.
Break above $113.5K = potential rally to $117K.
Drop below $110K = risk of deeper correction to $108Kâ$105K.