Bitcoin faces critical resistance at $113,700, breakdown below $107k threatens return to 5 figures

Bitcoin (BTC) trades in a precarious position near $112,000, caught between key technical levels that could determine its next major directional move following a pullback from the $124,000 all-time high reached two weeks ago. According to an Aug. 27 report by Glassnode, BTC faces immediate resistance at $113,700, which aligns with the three-month cost basis The post Bitcoin faces critical resistance at $113,700, breakdown below $107k threatens return to 5 figures appeared first on CryptoSlate.