🚨 Bitcoin Pullback or Trap Before Next Leg Up? 🚨 $BTC /US
Yi Xi Bullish
Updated at: 2 hours ago
{"content":"🚨 Bitcoin Pullback or Trap Before Next Leg Up? 🚨
$BTC /USDT is showing a corrective dip after failing to hold above 115,900. Price has now retraced to the 111,800 zone — a critical mid-level support within the short-term structure. The selling pressure intensified as buyers lost momentum near 113,700, creating a short-term lower high formation.
If Bitcoin holds above 109,800, it may trigger a quick rebound toward 113,500–114,200. However, a clean break below 109,800 could signal continuation toward 108,000–106,800 support. Volatility remains high with over 3.58B USDT traded in the last 24h, suggesting a possible reversal zone forming soon.
Trade Setup:
Entry: 111,900 – 112,200
Target 1: 110,200
Target 2: 108,800
Stop-Loss: 113,800
Trend Bias: Short-term bearish until reclaim of 112,800.
#BTC #PowellRemarks #BinanceHODLerENSO #BNBBreaksATH ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/15/ac6f2f52c4bc43f5b2cde962157c7962.jpg"],"tags":[],"tradingPairs":["BNB/USDT"],"quotearticleid":0}