Bitcoin to start a bigger correction at this level, according to analyst

As Bitcoin (BTC) lingers below the $110,000 mark, a trading analyst has warned that the asset may be facing a deeper correction if certain levels are breached. According to analysis by Ted Pillows, after a recent decline from resistance above $113,000, the cryptocurrency is holding within a critical support zone. Bitcoin price analysis chart. Source: Ted Pillows The outlook suggests that $112,000 remains a key level for bulls, as reclaiming it could trigger a fresh uptrend toward $118,000 and potentially retest the $123,000–$124,000 region source: https://finbold.com/bitcoin-to-start-a-bigger-correction-at-this-level-according-to-analyst/