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$BTC Bearish Rejection at Resistance Zone {spot}(BTCUSDT)

Bit_Guru

Updated at: 5 hours ago

{"content":"$BTC Bearish Rejection at Resistance Zone {spot}(BTCUSDT) Bitcoin attempted a recovery but faced strong rejection near the $115,800 resistance zone, aligning with a previous support-turned-supply area. The price action shows a clear bearish divergence with RSI weakening near 46, indicating loss of momentum. Unless BTC reclaims the $116K zone with strong volume, more downside toward $112,000 support is likely in the short term. Trade Setup: Entry: $113,800 – $114,300 Stop Loss: $116,100 Target 1: $112,500 Target 2: $111,800 #BitcoinTreasuryWatch #CFTCCryptoSprint #BTCUnbound #TechnicalAnalysis ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/05/3b661053f3cd4911bdfdf4783ea4fc1e.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}

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