{"content":"🔥 BTC Battles Back — But Can It Overcome the Roadblocks? Bitcoin is trying to rebound from $112,500. BTC is back over $114,000 but has numerous obstacles to $120,000. Bitcoin began a rebound over $113,500. Price is below $115,000 and 100 hourly Simple moving average. The hourly BTC/USD chart shows a negative trend line with resistance at $114,800. If it breaks $115,000 barrier, the pair may rise again. Bitcoin Price Supports Bitcoin fell again after closing below $115,500. BTC fell below $113,500. Below the $113,000 support zone and 100-hourly Simple moving average. They tried $112,500. After falling below $112,400, the price is trying to rebound to the 23.6% Fib retracement level of the latest collapse from the $124,420 swing high. Bitcoin has fallen below $115,000 and the 100-hour SMA. Near $114,800 is immediate upward barrier. The hourly BTC/USD chart shows a negative trend line with resistance at $114,800. First major resistance is at $115,000. The next hurdle may be $115,500. A close above $115,500 barrier might boost prices. The price may surge to $118,400 barrier. It is around the 50% Fib retracement level of the latest slide from $124,420 swing high to $112,400 low. More increases might push the price beyond $120,000. The goal may be $121,500. Another BTC Drop? Bitcoin may fall again if it fails to break $115,000 barrier. Near $113,500 is immediate support. Near $112,400 is the first big support. Around $111,500 is the next support. More losses might push the price toward $110,000. BTC may go below $108,000, the biggest support. The technical indications Hourly MACD - MACD is falling in the negative zone. Relative Strength Index hourly BTC/USD RSI is over 50. Major Support Levels: $113,500, $111,500. Major Resistance Levels: $115,000, $115,500. #BTC #Write2Earn $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/21/2f654da47c7c47dc95fb91f31f55101e.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}