Bitcoin
Long

BTCUSD: Consolidating at $112K, Watching $120K

36
Instrument: BTCUSD
Timeframe: Daily
Date: August 4, 2025

Analysis:
BTC dropped to $112,000, down 5.1% from $118,000, holding above the $112,000 support. The hawkish FOMC triggered this pullback, but $112K is a key level. I scaled in on the dip as seen in my previous BTC idea and X

Chart Setup:
Support: $112,000, $100,000
Resistance: $115,000, $120,000

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