Bitcoin – Medium-Term AnalysisBitcoin / US DollarBINANCE:BTCUSDBrianLionCapitalBitcoin – Medium-Term Analysis Hello traders, BTC made a strong breakout recently, reacting precisely at the 117k level as anticipated. At the moment, price is undergoing a correction, clearing liquidity from last Friday’s bullish candle. The firm rejection at 117k suggests we should reassess the medium-term structure. The main scenario still favours the upside. The 113.4k zone is an attractive level for long entries, as buyers previously dominated this area and short-side liquidity remains in play. From a market psychology perspective, this could trigger short covering and push price towards 115.7k. A confirmed break above 117k would strengthen the medium- to long-term bullish outlook, opening the way for further long positions. Alternatively, if price reacts lower from 115.7k, it may offer a medium-term short opportunity. Should support at 111.7k give way, BTC could extend down to 110k, a level that has seen multiple strong rejections in the past and could provide a solid base for renewed long positions. This outlook is guided by support/resistance dynamics and major liquidity zones. Always trade with discipline and keep risk management as your priority. What’s your perspective on BTC right now? Share your thoughts in the comments so we can refine our strategies together.