✅📊 | Bitcoin Climbs Above $111K as Analysts Eye a Possible 10% Dip – Worst Case Scenario?

Bitcoin has once again shown resilience, bouncing back above the $111K mark into the weekly close. Traders remain divided on the short-term outlook, but Fibonacci retracement analysis suggests that even in a bearish turn, a 10% correction may be the maximum downside risk.

🔹 Key Market Highlights

📈 Weekly Rebound: BTC pushed above $111,369, recovering from recent dips and holding crucial $110K support.

⚡ Resistance in Sight: Analysts say bulls must reclaim $112K–$113K to confirm strength and fuel a potential bull run.

📊 SMA Levels to Watch: The 50-day SMA sits at $115K, while the 200-day SMA rests near $101K—a level seen as a “logical bounce zone.”

📉 Worst-Case Scenario: Fibonacci levels suggest BTC may bottom around $100K (0.382 retracement), implying just a 10% pullback before a potential rally toward $150K+.

⚔️ Trader Sentiment Split: Some foresee a push to new highs if $113K flips support, while others warn of deeper drops if rejection occurs.

🔸 Analyst Insights

Michaël van de Poppe: Calls BTC’s structure “promising,” highlighting the higher low and strong $110K support.

Crypto Tony: Warns of a decisive move — “flip $113K and pump higher, or reject and revisit $100K.”

TurboBullCapital: Notes that losing $107K would likely send BTC to the 200-day SMA near $101K.

ZYN: Highlights historical patterns where BTC bottoms at 0.382 Fibonacci retracement, aligning with $100K, before rallying significantly.

🔹 Bigger Picture

Bitcoin’s worst-case drop looks limited to 10%, suggesting controlled downside risk. Long-term bulls see the correction as an accumulation opportunity, with eyes on a potential breakout toward $150K+ in the coming months.
$BTC $ETH
🔥📊 Final Takeaway:
Bitcoin remains at a crucial inflection point. The $112K–$113K resistance zone will decide whether BTC consolidates before another leg up or corrects toward the $100K bounce zone.

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