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COINOTAG, citing CoinDesk, reports FxPro Senior Analyst Alex Kuptsikevich flags Bitcoin trading near critical technical thresholds at 113,500 and 115,000, calling these the key resistance levels to monitor. In this FxPro analysis, Kuptsikevich indicates a decisive breakout above those bands would validate bullish momentum and support a resumption of the prior upward trend, whereas failure to breach them would elevate downside risk and the likelihood of a short-term Bitcoin pullback. Market participants should therefore watch price action, volume and momentum indicators closely to assess the potential for a confirmed breakout or a retest that could reshape near-term positioning.
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