BTC price is dancing near $111K, struggling below key EMAs (25 & 50).

📉 Bears still control short-term momentum, but RSI around 56 hints at strength hiding beneath.

Here’s what’s cooking:

🔾 EMA25 (111,178) acting as resistance.

🔾 EMA50 (111,612) — next major barrier.

🔾 EMA200 (112,591) — breakout zone to watch.

💡 If BTC closes above 112K, we might see a clean breakout toward 115–118K.

But if it fails to hold 111K, we could drop to 109K fast.

🧭 My View:

Wait for confirmation — breakout traders can plan long above 112K;

Short scalpers can target 110K if rejection hits.

📊 Market mood = Neutral–Bullish

RSI steady, volatility low, a big move is coming soon!

#BTC #BinanceSquare

BTC
BTC
65,058.46
-3.37%

#Write2Earn! #bitcoin