#BTCUSDT – Healthy Correction, Not the End!Bitcoin is currently experiencing a healthy pullback after an impressive run, testing the neckline of the Inverse Head & Shoulders breakout on the 1D timeframe.
🔹 Current Market View:
BTC is retesting the neckline of the IHS pattern, which now acts as a strong support zone.
Price is holding near $113K–$115K, which is crucial for maintaining bullish momentum.
This dip is a healthy correction, flushing out over-leveraged positions and preparing for the next leg up.
🔹 Key Levels:
Support Zone: $113,000 – $115,000
Immediate Resistance: $120,000 – $122,500
Breakout Target: $165,000+ on the next bullish wave
🔹 Market Sentiment:
Holding above the neckline keeps the bullish structure intact.
If the support holds, we can expect continuation to new highs once buying pressure returns.
A daily close below $112K would signal caution and delay the next rally.
💡 Tip: Don’t panic on these red candles. Healthy corrections are part of a sustainable uptrend.
