Bitcoin (BTCUSD) Price Analysis - 15-Minute Chart

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Bitcoin (BTCUSD) Price Analysis - 15-Minute ChartBitcoin / U.S. dollarBITSTAMP:BTCUSDGold_wall_streetsThe price recently fluctuated between $112,087 and $112,606, with a pullback after an upward trend. The chart highlights a key support zone (shaded in red) around $112,000 and a resistance level near $112,600. The downside shaded area below $112,000 indicates a potential bearish zone where a break could lead to further declines toward $111,800 or lower, especially if volume increases on the downside. Consider a sell strategy if support fails, with a stop loss above $112,100. Monitor RSI and volume for confirmation. Share your views below! (Note: Always use proper risk management and consult with a financial advisor before trading.)