⚔️ BTC Hits Wall at $113K — Breakout or Breakdown Ahead? Bi
SunsetQin
Updated at: 6 hours ago
{"content":"⚔️ BTC Hits Wall at $113K — Breakout or Breakdown Ahead?
Bitcoin struggles to break $112,500. BTC is stabilizing and may go below $110,800.
Bitcoin began a rebound over $110,800.
The price is over $111,000 and the 100-hour SMA.
The hourly BTC/USD chart shows a bullish trend line with support at $110,800.
The pair may fall again if it continues below $113,000.
Key Bitcoin Price Obstacles
Bitcoin launched a new recovery from $110,000. BTC broke $110,800 and $111,200 barrier.
Bulls broke the 50% Fib retracement level of the crucial fall from $113,372 swing high to $110,039 low. However, bears at $112,600 halted further advances.
Resistance came from the 76.4% Fib retracement of the crucial slide from $113,372 swing high to $110,039 low. Bitcoin is over $111,000 and the 100-hour SMA. The hourly BTC/USD chart shows a bullish trend line with support at $110,800.
Near $111,750 is immediate upward barrier. First major resistance is around $112,000. The next hurdle may be $112,550. A closing over $112,550 barrier might boost prices. Should the price climb, it might challenge $113,000 barrier. More advances might push the price beyond $114,200. The primary goal may be $115,000.
Another BTC Drop?
Bitcoin may fall again if it fails to break $112,550. The trend line and $110,800 provide immediate support. Near $110,500 is the first important support.
The next support is approximately $110,000. More losses might push the price toward $108,800. BTC may fall severely below $107,500, the primary support.
The technical indications
Hourly MACD | MACD is falling in the positive zone.
Relative Strength Index hourly BTC/USD RSI is below 50.
Major Support Levels: $110,800, $110,000.
Major Resistance Levels: $112,550, $113,000.
#BTCvsETH #AltcoinMarketRecovery #NasdaqTokenizedTradingProposal #AITokensRally $BTC $ETH $XRP ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/09/53e78a98ddc84f508a39fa006d214981.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}