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- 🍁 Golden Autumn, Big Prizes Await!
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#BtcPriceAnalysis#
Bitcoin is trading around $109,500, down about 2% in the last 24 hours.
We’ve seen a daily high near $112K and a low around $108.7K, showing that volatility is still alive and well.
Key Levels to Watch
Resistance: $113K and $115K–$116K remain the zones to beat if bulls want to regain momentum.
Support: $108.5K is the first line to hold. If that breaks, eyes could shift to the $101K area.
Market Sentiment
The recent dip feels like a healthy correction after weeks of strong momentum. Some traders see this as a buying opportunity, while others are cautious about a deeper pullback.
Possible Scenarios
Bullish case: Holding above $108.5K could pave the way for a move back toward $115K and possibly $120K.
Bearish case: Losing support could open room for a sharper decline into the low $100Ks.
Macro conditions like interest rates, institutional flows, and overall risk sentiment will continue to play a big role. For now, BTC is at a crossroads patience and risk management are key.