A slight pullback to around 112,000 is expected before a bullish

There is a double top on the daily timeframe. It could pull back to the previous support level that I mentioned in the chart. Moreover, there is a healthy trendline support that can help BTC price bounce.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.