{"content":"🔥 BTC Breaks Back! Will Bulls Detonate the Next Big Move? Bitcoin is rebounding from $112,000 support. BTC is increasing and may break $115,500 barrier to gain momentum. Bitcoin rose well from $112,000. The price is over $114,000 and the 100-hour SMA. The hourly BTC/USD chart shows a bullish trend line with support around $114,600. If it breaks $115,500 barrier, the pair may rise again. Bitcoin Price Sees Upturn Bitcoin fell from $118,000. BTC entered a short-term bearish zone below $115,000 and $113,500. The price approached $112,000. Price is trying to rebound from a base. Prices rose beyond $113,500 and $114,200. The price broke the 23.6% Fib retracement barrier of the $118,918 swing high to $112,000 low decline. Bitcoin is over $114,200 and the 100-hour SMA. The hourly BTC/USD chart shows a bullish trend line with support around $114,600. Close to $115,500 is immediate upward barrier. It is around the 50% Fib retracement level of the $118,918 swing high to $112,000 low decline. Near $116,250 is the first major resistance. The next hurdle may be $116,800. A closing above $116,800 barrier might boost prices. The price may soar to $118,500 resistance. More advances might push the price beyond $120,500. The goal may be $121,200. Another BTC Drop? Bitcoin may fall again if it fails to break $115,500. Near $114,600 is immediate support. Near $113,500 is the first big support. Close to $112,000 is the next support. More losses might push the price beyond $110,500. BTC may go below $108,500, the primary support. The technical indications The MACD is rising in the positive zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $114,600, $113,500. Major Resistance: $115,500, $116,800. #BTCReserveStrategy #ProjectCrypto #BTC #FOMCMeeting $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/05/fc6548f1b14f414a814c347900374bf6.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}