📉 BTC Dips Below $118K — Healthy Consolidation or Warning Sign?

Bitcoin ($BTC ) is cooling off just under $118K after hitting new highs and that might be exactly what the market needs.

🔹 Analysts point to a classic cup-and-handle pattern forming — often a bullish continuation signal

🔹 Support levels at $113K–$111K (Fibonacci + 50-day MA) holding strong

🔹 ETF inflows and macro tailwinds still in play

This pause looks like a healthy consolidation - not a breakdown. A bounce here could set the stage for the next leg up toward $130K+.

🧠 Eyes on $120K resistance — breakout incoming?

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