$BTC Breakout or Pullback?
Bitcoin is currently trading at $118,022 with a +4.10% 24h gain, showing signs of recovery after a sharp dip. The 15-minute chart displays a solid bounce from the $116,800 support zone, but resistance near $118,400 remains key. A breakout above $118,900 could ignite a fresh rally, while rejection may lead to a retest of lower levels.
Trade Setup:
Entry: $117,800 – $118,100
Take Profit: $119,200 / $120,000
Stop Loss: $116,500