Bitcoin Defies Bearish Pressure: Rebound from $114K Signals New Bull Run?

Bitcoin just pulled off a textbook bounce—shaking off bearish exhaustion like a dog drying itself after a dip in Wall Street's liquidity pool. The king of crypto reclaimed its throne above $114K, leaving traders scrambling to adjust their doom-and-gloom narratives.

The Rebound Playbook

No fancy jargon here—just price action doing what it does best. When BTC tapped $114K, buyers materialized faster than a VC at a token launch. Classic support-level behavior, but with enough volatility to give HODLers heartburn.

What The Charts Won't Tell You

Technical analysis is busy drawing triangles while institutional money flows in sideways. Meanwhile, retail traders are still trying to short the rally—because nothing fuels a bull market like stubborn disbelief.

One cynical truth? The same finance bros who called crypto a 'fraud' at $20K are now FOMO-bidding on Bitcoin ETFs. Some things never change—except the number of zeros on your ledger.

Here’s What Needs to Happen for Bitcoin to Hit $120K Again

Heading to the 4-hour chart, we can see multiple candles leaving behind a big long wick on the lower part, which typically means that buying pressure is high at those low levels.

The price has been closing above the $114,000 area in the last 24 hours, which is a positive sign that could precede a big bullish move.

This support level coincides with the 200-period exponential moving average (EMA) in this lower time frame. This increases its relevance from a technical standpoint.

The American session’s opening could not break below the $114K mark either, despite some big volumes going on during that time frame.

A strong MOVE off this low level could follow a path similar to the one shown in the chart, where the $116K area is broken and retested in anticipation of a much stronger move toward the $120K resistance.

That said, momentum indicators have not yet confirmed a bullish outlook. Ideally, the Relative Strength Index (RSI) should rise above the 14-day moving average in the next few hours.

As Bitcoin’s prospects improve, the best crypto presales like Maxi Doge (MAXI) should benefit the most if the top crypto makes a new all-time high in the next couple of weeks.

Maxi Doge (MAXI) Nears $200K Raised Just a Couple of Days After its Launch

Maxi DOGE (MAXI) embraces “up only” culture during what could be one of the most promising bull cycles of this century.

No red candles are permitted this season. Maxi Doge makes the most out of this market by opening positions with 1000x leverage and no stop loss. This token will diamond-hand its way out of mom’s basement and will take the community with it on the way out.

$MAXI is a mix of pure meme culture and FOMO. Taking long positions with that kind of leverage doesn’t usually work out… Until it does! You can either settle for a few hits or take the risk and aim for a home run in a market like this.

Up to 25% of the token’s allocation will go to the Maxi Fund, a pool of capital that will open overleveraged positions in the most promising tokens of this cycle.

To buy $MAXI before it pumps, head to the Maxi Doge website and connect your wallet. You can either swap ETH or USDT for this meme coin or use a bank card to invest.

Buy Maxi Doge Here

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