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BTC/USD: Are We Heading for $115K, or Could a Big Correction?
Bitcoin
BTC/USD: Are We Heading for $115K, or Could a Big Correction?
Oleh Mindbloome-Trading
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Good afternoon, trading family,
Bitcoin is at a critical point right now, and the next few moves could define its direction for weeks to come. Let’s break down what we’re seeing:
Upside Potential:
$107,818: This is the key level to watch. If Bitcoin breaks above it, we could see momentum push us towards 115K.
115K-117K: This is the big target for bulls—reaching this zone would confirm a strong breakout.
Downside Risks:
$102,794: A drop below this level could signal the start of a deeper pullback.
80K: This would be the first major support if we lose $102,794.
50K: While less likely, it’s still possible if selling pressure accelerates.
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Kris / Mindbloome Exchange
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