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Yesterday, $BTC hit a new All-Time High of $126,200, but today it's cooling off, currently trading around $121,500.
📉 What's happening? Bitcoin is respecting the trendline resistance and support levels perfectly. As per the current price action, we're seeing signs of a potential short-term correction.
📊 On the chart: There's a strong Fair Value Gap (FVG) in play.
Within that FVG, we're aligning with the 0.618 Fibonacci golden ratio — a key level often respected by smart money.
Based on this, we could see a pullback to the $118,000–$115,000 range in the coming days.
🧠 What to watch for:
If the price breaks below the FVG, the next major support zone sits around $108,000.
Wait for clear confirmations before entering new positions — no need to rush into trades in this zone of uncertainty.
⚠️ Stay sharp, stay patient — the market is offering clues. Don’t let FOMO blind your strategy.
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