Is Bitcoin testing a new peak or facing a tragic drop? ⚠️💰

Bitcoin is currently trading at $117,832 within a strong upward momentum, supported by the 50-day moving average and above the RSI level of 50, indicating the possibility of a continued rise.

However, the Stochastic indicator shows signs of retreat after being overbought, which may signal a correction soon.

🛑 Critical levels:

🔥 Strong support around $115,000

🔥 Resistance between $118,000 and $122,000

⚡️ The most important question: Will the price continue to rise to break the resistance and achieve new gains? Or is a strong correction waiting for traders?

📊 The forecasts are varied, and the decision now lies with the market and traders between greed and fear.

❓ Will you take the risk and hold on to your buy positions, or do you prefer to hedge and wait for a clear signal? Share your perspective with me!

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