BTC starts to show signs of recovery

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BTC starts to show signs of recoveryBitcoin / TetherUSBINANCE:BTCUSDTNova-Scalper💎 BTC PLAN UPDATE – START OF WEEK (09/03/2025 ) Mid-week BTC Analysis Currently, BTC is reacting around the support zone ~111,000 – 110,500 (confluence of EMA200 D1 and 0.5 Fibonacci). This is an important short-term support area; if it holds, a rebound may occur in the next few sessions. If BTC bounces from this level, it could retest short-term resistance levels at: •111,900 – 112,200 (EMA34 + nearest resistance) •114,100 – 114,500 (0.382 Fibonacci) •116,000 – 117,000 (0.236 Fibonacci + previous strong resistance) If the 110,500 support is broken, price could easily drop toward: •108,400 – 108,000 (mid-term support) •104,800 – 105,000 (major support, extended Fibonacci zone) Trend: •Mid-term: still in a corrective downtrend. •Short-term: possible technical rebound from current support zone, with the first target around 114,000 – 116,000. 👉 In summary: Mid-week, BTC is at a critical zone. Holding 110,500 – 111,000 favors a rebound scenario; if this area breaks, downside pressure may extend toward 108K – 105K.