$BTC at a Decision Point, Recovery or Breakdown? ⚠️
Bitcoin faced strong rejection at $118.8K, but there's still a real chance it could recover from here. Price is hovering near a key support zone, and bulls are attempting to regain control. If BTC reclaims $117.5K–$118K, a bounce and retest of highs could follow.
However, if price breaks below $116.5K, it may trigger a sharper drop toward $114K and possibly $112K. Momentum is fading, so caution is key.
📌 Strategy:
Watch for recovery above $117.5K for a bullish bounce
Break below $116.5K short opportunity
Use tight stops, volatility is high
