📉 $BTC slightly retreats, but remains strong above US$ 117K.
After recently breaking new highs, Bitcoin is showing a healthy correction of -0.4% in the last 24 hours, now trading at US$ 117,580. The market is consolidating and eyes are turning to the next movement.
🔍 Quick Technical Analysis:
• Support: US$ 117,000 — protection zone of the upward trend
• Resistance: US$ 118,200 — breaking through may pave the way for US$ 121K+
• Pattern formed: cup-and-handle → potential technical target: US$ 134,500
🧠 Underlying narrative remains strong:
✅ Spot ETFs continue to accumulate
✅ More stable regulatory environment in the US
✅ Halving still influencing supply
✅ Growth in use as a store of value
💡 Conclusion:
The moment is one of silent building — and that’s where the big players position themselves.
The next leg up may come quicker than it seems.
👉 Will you observe or participate?
Click on the cashtag and follow: $BTC