BTC Scenario for this days

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Here’s my BTC/USDT analysis.
Hello everyone 👋

❓Has something strange happened today?
Well, on the daily timeframe, we’ve had one red candle after five consecutive green candles — maybe that’s it?
Many traders wanted to take some profit after the recent bullish run.
Also, the transfer of 40,000 BTC to an exchange by a whale likely acted as a trigger for that sell-off.

🟡 So what now?

✅ As long as BTC stays above 110,000, the bullish scenario remains valid.
If price drops below 110,000, we’ll need to reassess based on dominance metrics before making any bearish decisions.
Still, under 110K, I’ll start considering potential short setups.

📍There is a strong support zone between 115,000 – 116,000 for long positions.
If that zone breaks, a drop toward 110,000 is likely.

On the other hand, a rebound from 115K – 116K and a retest of 122,000 is still on the table.
🔄 There’s also a chance BTC will consolidate in the current range for a while.

🚀 Finally, a break above 120,000 opens the door for a move toward 130,000 as the next major target.


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