BTCUSDT Open Ways correction before another buying attempt

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Bitcoin Technical Outlook Market is consolidating near this zone. A false breakdown below support has already occurred, attracting buyers back into the range.

Key Levels for watch :
1st Resistance 120,000
2nd Resistance : 123,000

if Price action is waiting for confirmation from potential Fed rate cuts. A rate cut would act as fundamental support for Bitcoin, possibly accelerating upside momentum. If price holds above 113,300–114,600, consolidation could lead to a breakout toward 120K → 123K. A clean breakdown below 113,300 would invalidate this support and may open the way for deeper correction before another buying attempt.

You May find more details in the chart.
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