🚨$BTC update — is the bounce legit or just bait?🚨

Bitcoin jumped 1.32% intraday, bouncing off $117K like it meant it. And the $90M short squeeze at $118,139? 🔥 Classic fuel for upside liquidity grabs. Bulls clearly have eyes on that $120.3K magnet — where ~$44M in leveraged positions are clustered. 🎯

But wait — $800M in $USDT outflows looked like risk-off rotation... until spot demand started creeping back. 👀 That’s not fear, that’s precision. Sitting on the sidelines ≠ exiting the game.

Now throw in macro heat: Trump’s “Crypto Week” is real. The GENIUS Act’s comeback adds regulatory clarity when the market needs it most. BTC responded fast — clean reclaim of $119K with a 1.5% daily candle. ⚡

Glassnode says 196K BTC ($23B) scooped between $116K–$118K. That’s 8x more than realized profit since ATH. Feels like whales didn’t blink — they bought.

We’re not calling a confirmed bottom yet, but historically, this kind of stacking + regulatory momentum = breakout setups. 📈

Momentum is building. If bulls follow through, we could see the next leg up soon. Don’t sleep on this range.