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Bitcoin (BTCUSD) Rebounds Above $111K After $118K Supply Rejection

CryptoPotato Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin was rejected near $118K and pulled back to the $110K–$111K demand zone, testing the 100-day MA.
  • Funding rates are rising moderately; buyers defending this support could spark a retrace to $115K, while a breakdown risks a slide to $107K–$105K.
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Stored market data

BTCUSD price history

75645.52 +15.07% over the displayed period

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