Fast execution, robust charts, clean risk controls.
👉 Open account →
COINOTAG recommends • Exchange signup
🚀 Smooth orders, clear control
Advanced order types and market depth in one view.
👉 Create account →
COINOTAG recommends • Exchange signup
📈 Clarity in volatile markets
Plan entries & exits, manage positions with discipline.
👉 Sign up →
COINOTAG recommends • Exchange signup
⚡ Speed, depth, reliability
Execute confidently when timing matters.
👉 Open account →
COINOTAG recommends • Exchange signup
🧭 A focused workflow for traders
Alerts, watchlists, and a repeatable process.
👉 Get started →
COINOTAG recommends • Exchange signup
✅ Data‑driven decisions
Focus on process—not noise.
👉 Sign up →
Bitcoin (BTC) is currently trading at $117,837, having fallen by 0.4% since yesterday. A false breakout at the $117,394 support level suggests potential resistance testing in the near future.
Bitcoin’s price has shown a slight decline, indicating market correction.
Current trading price is $117,837, reflecting a bearish sentiment.
Key support levels are at $117,201 and $115,000-$116,000, which may impact future price movements.
Stay updated on Bitcoin’s price movements and market trends. Discover how these fluctuations can impact your investments.
What is the current status of Bitcoin (BTC)?
Bitcoin (BTC) is experiencing a slight decline, currently priced at $117,837. This drop of 0.4% since yesterday indicates a potential market correction, with key support levels being closely monitored.
COINOTAG recommends • Professional traders group
💎 Join a professional trading community
Work with senior traders, research‑backed setups, and risk‑first frameworks.
👉 Join the group →
COINOTAG recommends • Professional traders group
📊 Transparent performance, real process
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing.
👉 Get access →
COINOTAG recommends • Professional traders group
🧭 Research → Plan → Execute
Daily levels, watchlists, and post‑trade reviews to build consistency.
👉 Join now →
COINOTAG recommends • Professional traders group
🛡️ Risk comes first
Sizing methods, invalidation rules, and R‑multiples baked into every plan.
👉 Start today →
COINOTAG recommends • Professional traders group
🧠 Learn the “why” behind each trade
Live breakdowns, playbooks, and framework‑first education.
👉 Join the group →
COINOTAG recommends • Professional traders group
🚀 Insider • APEX • INNER CIRCLE
Choose the depth you need—tools, coaching, and member rooms.
👉 Explore tiers →
How does Bitcoin’s price movement affect investors?
Bitcoin’s price movement is crucial for investors. A false breakout at the $117,394 support level suggests that if the price continues to decline, it could reach the $115,000-$116,000 range. Investors should remain vigilant and adjust their strategies accordingly.
COINOTAG recommends • Exchange signup
📈 Clear interface, precise orders
Sharp entries & exits with actionable alerts.
👉 Create free account →
COINOTAG recommends • Exchange signup
🧠 Smarter tools. Better decisions.
Depth analytics and risk features in one view.
👉 Sign up →
COINOTAG recommends • Exchange signup
🎯 Take control of entries & exits
Set alerts, define stops, execute consistently.
👉 Open account →
COINOTAG recommends • Exchange signup
🛠️ From idea to execution
Turn setups into plans with practical order types.
👉 Join now →
COINOTAG recommends • Exchange signup
📋 Trade your plan
Watchlists and routing that support focus.
👉 Get started →
COINOTAG recommends • Exchange signup
📊 Precision without the noise
Data‑first workflows for active traders.
👉 Sign up →
Frequently Asked Questions
What are the key support levels for Bitcoin?
The key support levels for Bitcoin are currently at $117,201 and the $115,000-$116,000 range, which could significantly influence its price trajectory.
How should investors respond to Bitcoin’s recent price changes?
Investors should closely monitor Bitcoin’s price movements and consider adjusting their investment strategies based on the current bearish signals and support levels.
COINOTAG recommends • Traders club
⚡ Futures with discipline
Defined R:R, pre‑set invalidation, execution checklists.
👉 Join the club →
COINOTAG recommends • Traders club
🎯 Spot strategies that compound
Momentum & accumulation frameworks managed with clear risk.
👉 Get access →
COINOTAG recommends • Traders club
🏛️ APEX tier for serious traders
Deep dives, analyst Q&A, and accountability sprints.
👉 Explore APEX →
COINOTAG recommends • Traders club
📈 Real‑time market structure
Key levels, liquidity zones, and actionable context.
👉 Join now →
COINOTAG recommends • Traders club
🔔 Smart alerts, not noise
Context‑rich notifications tied to plans and risk—never hype.
👉 Get access →
COINOTAG recommends • Traders club
🤝 Peer review & coaching
Hands‑on feedback that sharpens execution and risk control.
👉 Join the club →
Key Takeaways
Current Price: Bitcoin is trading at $117,837.
Market Sentiment: A 0.4% decline indicates potential bearish trends.
Support Levels: Watch for critical support at $117,201 and $115,000-$116,000.
Conclusion
In summary, Bitcoin’s current trading price of $117,837 reflects a slight decline, with critical support levels at $117,201 and $115,000-$116,000. Investors should remain alert to market trends and adjust their strategies accordingly for optimal outcomes.
Top coins by CoinStats
BTC/USD
The rate of Bitcoin (BTC) has fallen by 0.4% since yesterday.
Image by TradingView
On the hourly chart, the price of BTC is rising after a false breakout of the local support of $117,394. If the growth continues, one can expect a test of the resistance by tomorrow.
Image by TradingView
On the bigger time frame, the picture is less bullish. The rate of the main crypto is closer to the support level, which is a bearish signal.
COINOTAG recommends • Exchange signup
📈 Clear control for futures
Sizing, stops, and scenario planning tools.
👉 Open futures account →
COINOTAG recommends • Exchange signup
🧩 Structure your futures trades
Define entries & exits with advanced orders.
👉 Sign up →
COINOTAG recommends • Exchange signup
🛡️ Control volatility
Automate alerts and manage positions with discipline.
👉 Get started →
COINOTAG recommends • Exchange signup
⚙️ Execution you can rely on
Fast routing and meaningful depth insights.
👉 Create account →
COINOTAG recommends • Exchange signup
📒 Plan. Execute. Review.
Frameworks for consistent decision‑making.
👉 Join now →
COINOTAG recommends • Exchange signup
🧩 Choose clarity over complexity
Actionable, pro‑grade tools—no fluff.
👉 Open account →
If a breakout of the $117,201 mark happens, the accumulated energy might be enough for a drop to the $115,000-$116,000 range.
Image by TradingView
From the midterm point of view, the price of BTC has made a false breakout of the $123,236 level. If the weekly bar closes far from that mark, bears may seize the initiative, which may lead to an ongoing correction to the $112,000 area.
COINOTAG recommends • Members‑only research
📌 Curated setups, clearly explained
Entry, invalidation, targets, and R:R defined before execution.
👉 Get access →
COINOTAG recommends • Members‑only research
🧠 Data‑led decision making
Technical + flow + context synthesized into actionable plans.
👉 Join now →
COINOTAG recommends • Members‑only research
🧱 Consistency over hype
Repeatable rules, realistic expectations, and a calmer mindset.
👉 Get access →
COINOTAG recommends • Members‑only research
🕒 Patience is an edge
Wait for confirmation and manage risk with checklists.
👉 Join now →
COINOTAG recommends • Members‑only research
💼 Professional mentorship
Guidance from seasoned traders and structured feedback loops.
👉 Get access →
COINOTAG recommends • Members‑only research
🧮 Track • Review • Improve
Documented PnL tracking and post‑mortems to accelerate learning.
