BTC at a Crossroad: 112k Becomes the Decider

[m_c_jacob]

Last week in my BTC analysis, I mentioned that the price could reverse from the 108k zone. That scenario played out, and while this was a positive development, I also noted that bulls needed to reclaim 112k for a brighter outlook.

The market delivered: BTC not only reversed but also broke back above 112k, pushing as high as just under 115k.

Now, the 112k zone has become crucial for two reasons:

1. If bulls hold above 112k – it confirms strength and validates the recovery as a genuine move higher.

2. If price breaks back below 112k – the recent move above would be revealed as a false upside break, with 115k locked in as a new lower high and a potential descending triangle taking shape.

With this in mind, I remain constructive on BTC. But the message is clear: 112k is the key level that will decide whether momentum continues or fades.

[m_c_jacob]

BTC broke above the falling trendline
Good sign