The Bitcoin market is at a critical moment, and investors are closely following the important support level of $112,800. If the price can stabilize at this level, we are likely to welcome a wave of pump.

Analysis indicates that $114,000 will be the first resistance level that Bitcoin faces. If it can successfully break through this threshold, the momentum for further upward movement will be more sufficient, and the higher resistance level of $116,000 will then become the next target.

However, market trends are often difficult to predict. If Bitcoin fails to break through the resistance at $114,000, investors should be wary of a possible pullback. In this case, the price may drop back near the current support level.

Currently, the trend of Bitcoin is at a delicate balance point. A breakthrough of resistance will bring confidence to the bulls, while a loss of support may trigger a new round of selling. Investors should closely follow price movements and manage risks.

No matter how the market changes, it is crucial to maintain rationality and patience. The volatility of the cryptocurrency market has always been high, and investors need to have a long-term perspective and not be swayed by short-term fluctuations. At the same time, it is important to constantly follow the changes in the global economic situation and regulatory environment, as these factors can significantly impact the price of Bitcoin.