According to Odaily Planet Daily, CoinDesk analyst and chartered market technician Omkar Godbole wrote that Bitcoin bulls are struggling to consolidate around $113,000, but weak price and trading volume, a falling simple moving average, and a break below the rising trendline support level indicate bearish momentum. So far, the rebound has been barely noticeable, and upside is limited above $114,000. Key support currently lies around $112,000. (CoinDesk)