#Bitcoin has bounced strongly after retesting its support zone and is now holding above the $114,000 mark. This rebound suggests that buyers are stepping back in, signaling a potential return of bullish momentum.

For now, the immediate resistance sits at $116,000, which will be the key level to watch for further upside continuation. On the downside, support remains firm at $113,000, a critical level for maintaining short-term bullish structure.
The fact that #BTC defended support and quickly reclaimed $114K shows healthy demand and strong dip-buying interest. However, bulls need to push past $116K to confirm a stronger rally; otherwise, price action may remain choppy within this range. A breakout above $116K could open the door toward $118,500–$120,000, while failure to hold above $113K could invite deeper corrections.