Technical analysis by SatochiTrader about Symbol BTC: Buy recommendation (11 hour ago)

BTC/USDT Update On the low time frame, BTC is still in a breakdown structure. Price is consolidating under pressure around the 115.7K zone. Key levels to watch: 116K → first level where momentum could shift. 116.5K → confirmation level. A strong break and hold above 116.5K would confirm a new uptrend and open the way to higher levels. Failure to confirm above 116.5K means risk remains for further downside continuation. Critical support: 112.8K is an important cycle level BTC must hold to stay inside the green cycle. If 112.8K breaks, probability increases for a deeper correction toward lower zones (110K–108K). Until BTC closes and confirms above 116.5K, bias remains cautiously bearish/sideways. 📌 Summary Below 116K → breakdown structure remains active. Break & confirmation above 116.5K → bullish scenario opens. 112.8K → must-hold cycle support for the green cycle.