Bitcoin ($BTC ) is trading at approximately $119,150 USD, reflecting a 0.58% decline over the past 24 hours.

Bitcoin's recent price movement indicates a consolidation phase within the $118,000 to $121,000 range. A breakout above $121,000 could signal bullish momentum, potentially targeting the all-time high of $123,218. Conversely, a drop below $118,000 may lead to a retest of support levels around $114,000.

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