BTCUSDT reached a new ATH and is now consolidating with a retest of $112,500 support. As long as this level holds, a rebound toward $121,600 and higher remains likely. Breakdown risks correction to $108,000.
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BTCUSDT tested $111,950 support after printing a new ATH above $137,000. With the bullish channel intact, a rebound toward $122,500 remains the likely scenario if support holds.