Bitcoin False breakout a bullish longer-term correction phaseBitcoin / TetherUSBINANCE:BTCUSDTMrMartin_11Bitcoin’s price has recently broken below a key trendline support despite a generally positive fundamental backdrop and an ongoing bullish longer-term trend. This suggests that the market may currently be undergoing a counter-trend correction phase. One contributing factor to this short-term weakness appears to be the decline in U.S. interest rates, which has unexpectedly had a negative impact on the cryptocurrency market as a whole. From a technical perspective, I have identified several important levels: A breakout and confirmed close above this level could signal renewed bullish momentum and potentially trigger a positive market reaction. and there target will be 113K to 118K You may find more details in the chart. Trade wisely best of Luck. Ps; Support with like and comments for better analysis Thanks for Supporting.