BITCOIN HOLDS STRONG ABOVE $114K — NEXT MOVE BREWING $BTC
David_John
Updated at: 4 hours ago
{"content":"BITCOIN HOLDS STRONG ABOVE $114K — NEXT MOVE BREWING
$BTC is trading at $114,953 (+1.17%), recovering from an intraday low of $112,800 and holding firm below the recent high of $116,380. The 15-minute candles show stabilization after a dip, with the MA(7) curling upward and crossing above the MA(99) — an early sign of momentum returning to bulls.
Reason: Short-term reversal structure forming after liquidity sweep near $114,400. Volume rotation suggests buyers defending the lower band, setting the stage for a possible breakout continuation.
Key Levels:
Support: $114,430 – $114,660
Resistance: $115,345 – $116,380
Trend: Intraday bullish, overall neutral-to-bullish bias as long as $114,400 holds.
Trade Idea:
If BTC stays above $114,700, a buy setup targets $115,350 → $116,000 → $116,380.
If it loses $114,400, a sell retrace could push down toward $113,800 zone.
📊 Possible Trade: BUY if price holds above $114,700 with increasing momentum.","images":["https://d35imkjvkj28kt.cloudfront.net/uploadfile/article/blog/2025102025/10/27/d406ca2b3ebb1856c1015f7ea0e2cad4.png"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}