Bitcoin rebounded from the $104,000 zone after a sharp correction, with on-chain data showing significant withdrawals from exchanges reducing immediate sell pressure. Macro sentiment is gradually stabilizing, supporting near-term recovery.
Key Levels: Support at $110,584.95 | Resistance at $114,012.06
Investor Takeaway: Bitcoin shows potential for further upside; near-term moves are likely to test $114,012, and a confirmed break above could signal continuation of the bullish recovery.
