@kayslick
Bitcoin’s recent rebound is now encountering a dense supply zone between $114K–$118K, formed by buyers from late August. Many of these holders may use the bounce to exit at break-even or small profits — creating strong overhead resistance.
🔹 Clearing this sell pressure is key for further upside.
🔹 A decisive move and hold above $118K would confirm that demand is absorbing supply, paving the way for another push toward new all-time highs.