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👀⚡ #Bitcoin is currently trading around 117200 after facing a pullback from the recent high near 123200. Despite the short term dip the overall structure remains bullish. The price is holding above the 99 MA which is acting as a solid dynamic support near 114700.
On the 4 hour chart consolidation is visible between 116500 and 119000 with #volume staying consistent. This zone could serve as a launchpad for the next leg upward. The broader trend remains intact with Bitcoin still up over 35 percent in the past 90 days.
Key #resistance lies at 123200 and if bulls reclaim that level a push toward 126000 or higher is likely. Market sentiment remains steady and the order book shows healthy bid support near current levels.
Accumulation is ongoing and a strong bounce from this range could signal the next bullish wave. Bitcoin still looks ready for the next move.
#Bitcoin Whale Moves #BTC Hits New High