$116k is the key area for $BTC on the Daily chart. This is
CRYPTO MECHANIC
Updated at: 3 hours ago
{"content":"$116k is the key area for $BTC on the Daily chart. This is what keeping the daily structure bearish.
Once Price will start to hold above $116k, I think we will see new all time highs. If you missed to catch it around $107k and lower. I think now its good to wait and see how price will react around this zone.
On the other side we now have a good area of support around $112k. ","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/27/a717f733aaf4bace85d3b3d73c76fcdb.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}