Bitcoin Price dey Struggle to Break $115,000 Resistance
Bitcoin price dey try recover afta e drop reach $112,400. E don climb back pass $114,000 but e face some resistance for $114,800–$115,000 zone. If e fit break pass $115,000, dat fit open road for test $118,400 and maybe reach $120,000 or higher go $121,500. For downside, immediate support dey for $113,500 and $112,400, plus more support for $111,500, $110,000 and $108,000 if selling pressure strong. Technical indicators show say hourly MACD dey lose bearish momentum, while RSI dey above 50, dey hint say e fit turn bullish. Traders suppose dey watch key resistance levels and moving averages well well for signs say breakout or decline go serious.
Neutral
Di current technical setup dey show mixed signals. On one hand, Bitcoin price dey hold above key moving averages and the RSI dey edge into bullish territory, wey mean say e fit strong if e break above the $115,000 resistance. But on the other hand, strong selling pressure for this level plus key supports at $112,400 and below fit make am fall further. This balanced risk-reward profile resemble previous consolidation phases where Bitcoin dey trade sideways before major breakout. So traders suppose hold neutral position, dey monitor breakouts or breakdowns for clearer direction, no suppose just assume say na outright bullish or bearish outcome.