BTC/USD Pulls Back from Resistance—Eyes on Support Below

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BTC/USD Pulls Back from Resistance—Eyes on Support BelowBitcoin / U.S. dollarBITSTAMP:BTCUSDhafidzali2020BTC/USD is testing a previous high (PDH) zone after a strong rally supported by an upward trendline. Price has faced resistance near 112,641 and is now pulling back, threatening to break below the trendline. If sellers take control and the trendline fails, BTC could retrace further, with major support and the previous daily low (PDL) near 110,374 as the next target. Watch for confirmation of trendline rejection to signal potential bearish momentum. This analysis is for educational purposes only and does not constitute financial advice. Trading involves risk—please do your own research or consult a financial advisor before making any trading decisions.