$BTC UPDATE:

Bitcoin is showing clear rejection from the 1D 50 EMA zone around 115K–115.6K, confirming that level as strong resistance. The move played out exactly as expected, and now price is trading near 112K.

If BTC fails to reclaim 115K soon, we could see a continued drop toward the 110K–108K zone, where short-term support sits. A clean break below 110K would likely trigger further downside toward 106K–102K.

However, if bulls manage to push back and close daily candles above the 1D 50 EMA, it could shift momentum toward 120K–122K.

For now, bias remains bearish unless Bitcoin regains strength above 115.6K.
I’ll continue to monitor price action closely.

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