In recent days, 
BTCUSDT has continued to face selling pressure as the price failed to hold the 113,000 support, turning it into a new resistance level. Currently, the price is fluctuating around 107,800, with sellers still holding the upper hand.
Recent U.S. economic data has kept pressure on risk assets. At the same time, capital inflows into the crypto market have yet to regain strength, as investors await clearer signals from monetary policy and USD movements.
Key technical levels to watch:
-Main Resistance: 113,000 – a level where price has repeatedly failed to break through.
-Major Support: 103,000 – aligned with strong support within the descending channel.
-Current Trend: Bearish. Any short-term recovery is likely just a retest of resistance, with a clear breakout required to reverse the trend.
Traders should monitor price reactions at these zones to identify potential trading opportunities.
👉 What do you think about BTCUSDT’s next move?
BTCUSDT has continued to face selling pressure as the price failed to hold the 113,000 support, turning it into a new resistance level. Currently, the price is fluctuating around 107,800, with sellers still holding the upper hand.Recent U.S. economic data has kept pressure on risk assets. At the same time, capital inflows into the crypto market have yet to regain strength, as investors await clearer signals from monetary policy and USD movements.
Key technical levels to watch:
-Main Resistance: 113,000 – a level where price has repeatedly failed to break through.
-Major Support: 103,000 – aligned with strong support within the descending channel.
-Current Trend: Bearish. Any short-term recovery is likely just a retest of resistance, with a clear breakout required to reverse the trend.
Traders should monitor price reactions at these zones to identify potential trading opportunities.
👉 What do you think about BTCUSDT’s next move?
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✅ Receive 7–10 high-quality signals daily for Forex, Gold, and Bitcoin
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
✅ Fast updates, accurate alerts
✅ Suitable for both beginners and experienced traders
👉 Join now by clicking this link:
t.me/+6v7LMJO7cI04Nzg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.